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Thread: News - Digg sold for just $0.5 million

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    News - Digg sold for just $0.5 million

    Social news site was valued at over $160 million in 2008.
    Read more.

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    Seething Cauldron of Hatred TheAnimus's Avatar
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    Re: News - Digg sold for just $0.5 million

    throw new ArgumentException (String, String, Exception)

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    Comfortably Numb directhex's Avatar
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    Re: News - Digg sold for just $0.5 million

    $0.5m for a social media site with no users, and a dreadful reputation?

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    Re: News - Digg sold for just $0.5 million

    Doesn't it have any goodwill on the net?

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    Re: News - Digg sold for just $0.5 million

    Quote Originally Posted by pp05 View Post
    Doesn't it have any goodwill on the net?
    $500,000 goodwills as all they had left. Or maybe that's just the scrap value of their servers.
    Quote Originally Posted by Agent View Post
    ...every time Creative bring out a new card range their advertising makes it sound like they have discovered a way to insert a thousand Chuck Norris super dwarfs in your ears...

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    Re: News - Digg sold for just $0.5 million

    It was sold at closer to $16M all in all, not $500k.

    http://techcrunch.com/2012/07/12/dig...and-betaworks/

    I have no idea why this headline keeps traveling across sites. Around $12M was spent buying the Digg team before this purchase. It's a great headline, but it's stretching the truth a lot: The brand / domain / traffic and tech was sold for $500k, but everything else was sold for a *lot* more.

    Could we have this clarified in the article?
    Quote Originally Posted by Saracen View Post
    And by trying to force me to like small pants, they've alienated me.

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