- This topic is empty.
-
Posts
-
1/2 million sounds like a good deal for a familiar name like that
That’s an incredible price, doesn’t give me much hope that my sites will fetch a good price.
Just wanted to share the latest and greatest on Digg. I guess it’s so intriguing because with the channel of social media growing at such a tremendous rate and with Digg so much on the forefront of the arena, it’s like a car crash… It’s so hard not to look at this crash & burn situation:
The new company that swiped Digg up is making some MAJOR mistakes. What do you think? Anything any other social media giants can learn from this?
Well, their social bookmarking service has been down over the last 3 days, with no sign of getting back to normal.
Just goes to show you need to sell when your on top.. Think of what Digg was worth 3 years ago..
@allfreechips 243054 wrote:
Just goes to show you need to sell when your on top.. Think of what Digg was worth 3 years ago..
That is a phenomenal point. Literally, 3 years ago, they were once valued at $200 Million, and forecasters anticipated they would revolutionize the social media space. What the hell happened?
@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?
Nah Digg’s business tanked cause it’s whole point to ‘digg’ stuff that you found interesting died with the ‘share’ button. One day Digg was a cool new feature which you could use to share whatever you liked with bunch of people you knew, the next day you could do the same but share it with your friends, and your friends’ friends.
Perhaps they thought they could handle it, but obviously they did not come with anything better or more interesting and took the dive. To be honest even 500k seems too much.
