Read more.Social news site was valued at over $160 million in 2008.
Read more.Social news site was valued at over $160 million in 2008.
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Doesn't it have any goodwill on the net?
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?
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