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Apple Technology Shopping Microsoft Google Videos Blogs iPhonePublished: March 7, 2008
OK, this is the hottest news this week. Is DIGG really up for sale ? Digg was founded in late 2004 and has raised $11.3 million in funding. Kevin Rose is one lucky dude and I recently read about his Diggnation tour in UK. Digg also earned $250,000 per month in Google Adsense revenue back in 2006 and I am sure it’s increased.
If its true, then good for them. I bet they will be sold for USD $ 208 million, considering its 2008, ha! What do you think ?
Digg is prepared to take less than the $300 million Allen & Co. were floating late last year. Google, our source says, will likely bid $200-$225 million, which Digg would likely accept.
Microsoft is looking at a somewhat lower price. That makes sense, since most of Digg