Thank you for your money. And now…
Digg has raised 40 million dollars to date. With that kind of money, investors demand explosive growth. Since the economy has gone to shit, there’s a very slim chance that Digg will see a sale before it needs to raise more money. As a small company, Digg could have been a very profitable business, but instead they took too much money and made too many expectations for themselves. I can guarantee you that Jay Adelson (CEO) and Kevin Rose have some demanding goals to meet, and lately, they haven’t been meeting them.
Ted Dziuba nails it.
