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Reply To: digg sold for 500K

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#826891
Anonymous
Inactive

@allfreechips 243054 wrote:

Just goes to show you need to sell when your on top.. Think of what Digg was worth 3 years ago..

Or facebook a few months ago.
They are about to release a ridiculous amount of shares to the stock market, and its only going to tank the stock further. Its a poison apple for investors, the big brokerage firms are the ones who make money from it.

Its actually pretty disgusting.

I’m wondering if the Digg business tanked, because there is no money making business model behind it?