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.

TrackBack URL for this entry: http://blogs.businessweek.com/mt/mt-tb.cgi/

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.

Sramana

Post a comment

 

About

BusinessWeek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, Douglas MacMillan, and Spencer Ante dig behind the headlines to analyze what’s really happening throughout the world of technology. One of the first mainstream media tech blogs, Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.

Categories

 

BW Mall - Sponsored Links

Buy a link now!