Comments on: Did Kevin Rose Take Some of Digg’s New Cash? http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/ Trusted Insights and Conversations on the Next Wave of Technology Thu, 26 Nov 2009 19:44:08 +0000 http://wordpress.com/ hourly 1 By: Entrepreneurs Ask VCs for Cash Back - GigaOM http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-912654 Entrepreneurs Ask VCs for Cash Back - GigaOM Fri, 14 Nov 2008 05:00:52 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-912654 <p>[...] HomeAway is more of a private equity business model (the company is buying up Internet properties that list vacation homes available for rent in the U.S. and potentially worldwide cities), so perhaps that explains the short time to a planned exit. But HomeAway isn’t alone. Facebook has allowed its early employees and shareholders to sell some of their shares for cash, despite being only four years old. Digg, the news ranking and aggregation service founded by Jay Adelson and Kevin Rose, raised $28.7 million in September, a deal that rumored to have involved Rose taking some cash. [...]</p> [...] HomeAway is more of a private equity business model (the company is buying up Internet properties that list vacation homes available for rent in the U.S. and potentially worldwide cities), so perhaps that explains the short time to a planned exit. But HomeAway isn’t alone. Facebook has allowed its early employees and shareholders to sell some of their shares for cash, despite being only four years old. Digg, the news ranking and aggregation service founded by Jay Adelson and Kevin Rose, raised $28.7 million in September, a deal that rumored to have involved Rose taking some cash. [...]

]]> By: Why hasn’t Digg made any progress? It’s worth only $164M now » VentureBeat http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-911084 Why hasn’t Digg made any progress? It’s worth only $164M now » VentureBeat Thu, 06 Nov 2008 21:09:24 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-911084 <p>[...] home the $60 million that BusinessWeek suggested his Digg value was worth two years ago. However, reports suggest Digg was able to take home some money from the investment, so at least now he can afford a [...]</p> [...] home the $60 million that BusinessWeek suggested his Digg value was worth two years ago. However, reports suggest Digg was able to take home some money from the investment, so at least now he can afford a [...]

]]> By: CrowdSourcing Blog » The Limits of Crowdsourcing—Required Reading http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-904457 CrowdSourcing Blog » The Limits of Crowdsourcing—Required Reading Mon, 13 Oct 2008 14:42:22 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-904457 <p>[...] Terms of Service. As it happened, many of the exiled were top Diggers, which is to say, part of the one percent responsible for driving 32 percent of all Digg’s pageviews. Banning them raises two troubling issues at once: How can Digg represent itself as a democracy if [...]</p> [...] Terms of Service. As it happened, many of the exiled were top Diggers, which is to say, part of the one percent responsible for driving 32 percent of all Digg’s pageviews. Banning them raises two troubling issues at once: How can Digg represent itself as a democracy if [...]

]]> By: Why Digg Should Buy StumbleUpon - GigaOM http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-903459 Why Digg Should Buy StumbleUpon - GigaOM Tue, 07 Oct 2008 23:57:21 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-903459 <p>[...] current valuation, after a recent recent $28 million round of funding, is rumored to be around $175 million. From that perspective, the deal looks expensive and [...]</p> [...] current valuation, after a recent recent $28 million round of funding, is rumored to be around $175 million. From that perspective, the deal looks expensive and [...]

]]> By: Hits Singapore » Blog Archive » Digg Valued At $175 Million In Latest Funding http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-903103 Hits Singapore » Blog Archive » Digg Valued At $175 Million In Latest Funding Mon, 06 Oct 2008 08:16:53 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-903103 <p>[...] that founder Kevin Rose and CEO Jay Adelson sold some personal stock in the transaction, as GigaOm first reported. However, our sources say the dollar amount they each took off the table was [...]</p> [...] that founder Kevin Rose and CEO Jay Adelson sold some personal stock in the transaction, as GigaOm first reported. However, our sources say the dollar amount they each took off the table was [...]

]]> By: Robert http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901811 Robert Sat, 27 Sep 2008 16:56:53 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901811 <p>Google and Digg are great http://oetztal.startkabel.nl/</p> Google and Digg are great http://oetztal.startkabel.nl/

]]> By: The Scripts Zone » Digg Valued At $175 Million In Latest Funding http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901773 The Scripts Zone » Digg Valued At $175 Million In Latest Funding Sat, 27 Sep 2008 11:07:55 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901773 <p>[...] that founder Kevin Rose and CEO Jay Adelson sold some personal stock in the transaction, as GigaOm first reported. However, our sources say the dollar amount they each took off the table was [...]</p> [...] that founder Kevin Rose and CEO Jay Adelson sold some personal stock in the transaction, as GigaOm first reported. However, our sources say the dollar amount they each took off the table was [...]

]]> By: Digg evalué à 5 millions durant son dernier tour de table http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901762 Digg evalué à 5 millions durant son dernier tour de table Sat, 27 Sep 2008 07:03:42 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901762 <p>[...] ont vendu des actions personnelles durant cette transaction, comme l’avait révélé  GiGaOM. Mais notre source nous informe qu’il s’agit d’un faible montant et que les VCs [...]</p> [...] ont vendu des actions personnelles durant cette transaction, comme l’avait révélé  GiGaOM. Mais notre source nous informe qu’il s’agit d’un faible montant et que les VCs [...]

]]> By: TechCrunch en français » Digg evalué à $175 millions durant son dernier tour de table http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901742 TechCrunch en français » Digg evalué à $175 millions durant son dernier tour de table Sat, 27 Sep 2008 05:00:50 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901742 <p>[...] ont vendu des actions personnelles durant cette transaction, comme l’avait révélé  GiGaOM. Mais notre source nous informe qu’il s’agit d’un faible montant et que les VCs [...]</p> [...] ont vendu des actions personnelles durant cette transaction, comme l’avait révélé  GiGaOM. Mais notre source nous informe qu’il s’agit d’un faible montant et que les VCs [...]

]]> By: Digg Valued At $175 Million In Latest Funding http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901718 Digg Valued At $175 Million In Latest Funding Sat, 27 Sep 2008 01:50:19 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901718 <p>[...] that founder Kevin Rose and CEO Jay Adelson sold some personal stock in the transaction, as GigaOm first reported. However, our sources say the dollar amount they each took off the table was [...]</p> [...] that founder Kevin Rose and CEO Jay Adelson sold some personal stock in the transaction, as GigaOm first reported. However, our sources say the dollar amount they each took off the table was [...]

]]> By: Spurned By Google, Digg Taps VCs For $29 Million C Round « Roberto Warken http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901682 Spurned By Google, Digg Taps VCs For $29 Million C Round « Roberto Warken Fri, 26 Sep 2008 20:54:41 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901682 <p>[...] After being passed up by Google for an acquisition in the $200-million range, social news site Digg is going it alone with a fresh $28.7 million infusion of capital. The C round was led by new investor Highland Capital Partners, which as joined by existing investors Greylock Partners, Omidyar Network, SVB Capital. That brings the total amount the company has raised to $40 million since it was founded four years ago. Founder Kevin Rose may have taken some cash off the table, Om is reporting. [...]</p> [...] After being passed up by Google for an acquisition in the $200-million range, social news site Digg is going it alone with a fresh $28.7 million infusion of capital. The C round was led by new investor Highland Capital Partners, which as joined by existing investors Greylock Partners, Omidyar Network, SVB Capital. That brings the total amount the company has raised to $40 million since it was founded four years ago. Founder Kevin Rose may have taken some cash off the table, Om is reporting. [...]

]]> By: Digg Raises Money, Plans International Expansion | The Blog Herald http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901578 Digg Raises Money, Plans International Expansion | The Blog Herald Fri, 26 Sep 2008 08:37:28 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901578 <p>[...] Om Malik reports a rumor that founder Kevin Rose got a chance to cash in, and took it: The rumor I heard is that Digg founder Kevin Rose got to a sell a nice chunk of his shares in the company, a trend that has become quite fashionable among the Web 2.0 set. Several founders have taken money off the table as their companies wait for a bigger payday. [...]</p> [...] Om Malik reports a rumor that founder Kevin Rose got a chance to cash in, and took it: The rumor I heard is that Digg founder Kevin Rose got to a sell a nice chunk of his shares in the company, a trend that has become quite fashionable among the Web 2.0 set. Several founders have taken money off the table as their companies wait for a bigger payday. [...]

]]> By: Jim Dorey http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901475 Jim Dorey Thu, 25 Sep 2008 17:32:32 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901475 <p>Kevin Rose's DIGG keeps losing users because he is firing them! Banning regular users like a mad dog. Why on earth a permanent ban is being thrown around like candy against what is explained above as being the top 1% brings in ~30% of the hits is beyond me.</p> <p>Yes - thats it Kevin. Fire your users. Ridiculous. No wonder Google (who values their users) walked away. Shaking their heads no doubt at the wasted opportunity.</p> <p>DIGG is digging their own grave. Sad really.</p> Kevin Rose’s DIGG keeps losing users because he is firing them! Banning regular users like a mad dog. Why on earth a permanent ban is being thrown around like candy against what is explained above as being the top 1% brings in ~30% of the hits is beyond me.

Yes – thats it Kevin. Fire your users. Ridiculous. No wonder Google (who values their users) walked away. Shaking their heads no doubt at the wasted opportunity.

DIGG is digging their own grave. Sad really.

]]> By: suresh http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901464 suresh Thu, 25 Sep 2008 16:28:01 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901464 <p>Let us wait and see that how it is going to turn and makes digg a better place.</p> Let us wait and see that how it is going to turn and makes digg a better place.

]]> By: Digg Raises $28.7 Million In Series C | WildBlueSkies - Trends and strategies in Digital Media http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901437 Digg Raises $28.7 Million In Series C | WildBlueSkies - Trends and strategies in Digital Media Thu, 25 Sep 2008 11:15:32 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901437 <p>[...] tastes, including local languages. This makes sense given that the US traffic to Digg seems to be plateauing, while the international traffic seems to be rising slightly. Share [...]</p> [...] tastes, including local languages. This makes sense given that the US traffic to Digg seems to be plateauing, while the international traffic seems to be rising slightly. Share [...]

]]> By: The Scripts Zone » Spurned By Google, Digg Taps VCs For $29 Million C Round http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901436 The Scripts Zone » Spurned By Google, Digg Taps VCs For $29 Million C Round Thu, 25 Sep 2008 11:07:48 +0000 http://gigaom.com/2008/09/24/digg-raises-28-million-in-series-c-funding/#comment-901436 <p>[...] After being passed up by Google for an acquisition in the $200-million range, social news site Digg is going it alone with a fresh $28.7 million infusion of capital. The C round was led by new investor Highland Capital Partners, which as joined by existing investors Greylock Partners, Omidyar Network, SVB Capital. That brings the total amount the company has raised to $40 million since it was founded four years ago. Founder Kevin Rose may have taken some cash off the table, Om is reporting. [...]</p> [...] After being passed up by Google for an acquisition in the $200-million range, social news site Digg is going it alone with a fresh $28.7 million infusion of capital. The C round was led by new investor Highland Capital Partners, which as joined by existing investors Greylock Partners, Omidyar Network, SVB Capital. That brings the total amount the company has raised to $40 million since it was founded four years ago. Founder Kevin Rose may have taken some cash off the table, Om is reporting. [...]

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