Is Digg For Sale?

Posted by: Rob Hof on October 25, 2006

Well, I guess anyone is for sale at the right price, but TechCrunch’s Mike Arrington says several sources tell him the people-driven news site has been talking to a number of potential suitors, including News Corp. MySpace’s owner. Asking price, he says, is $150 million, which may be too high. Given that founders Kevin Rose and Jay Adelson are starting another company, Revision 3, maybe they’re ready to move on.

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Reader Comments

Sramana Mitra

October 27, 2006 01:53 AM

If I were Kevin and Jay, I would sell Digg and focus on Revision 3.

Revision 3 is a next generation online television channel of sorts, and if they focus and get the right kind of programming, could become very large and sustainable.

While Digg, I think, is a built-to-flip, Revision 3, potentially is a built-to-scale opportunity.


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