Digg Sells to Betaworks for $500k: Bigger Disaster Than MySpace?
Fef
2012/07/13 00:14:38
Kevin Rose started Digg in 2004. Rose grew the social-bookmarking site to over 15,000,000 monthly visitors. Later Rose raised $45 million in venture capital from savvy investors including LinkedIn founder Reid Hoffman and Marc Andreessen. Digg redesigned its homepage (and allegedly the method of featuring content to increase revenues from sponsorship) in August 2010. The controversial homepage redesign marked the beginning of the end for Digg, which now has less than half the traffic it once had.
Chart of digg.com traffic according to compete.com

ONLINE.WSJ.COM reports:
Chart of digg.com traffic according to compete.com

ONLINE.WSJ.COM reports:
Betaworks has agreed to buy news-sharing website Digg, in an attempt to revive a company that was early to social media but outmaneuvered by rivals like Facebook and Twitter.
Read More: http://online.wsj.com/article/SB100014240527023043...
Top Opinion
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Heisenberg 2012/07/13 01:02:01Digg is bigger Social Media disaster






















MySpace is a trainwreck, though.
I am an inveterate member of the Digg Patriots. Never heard of us, I suppose. Well, a lot of the liberal denizens of Digg will literally talk of nothing else in their comments. I'll give you a universal answer to their canards: we merely gave the liberals a taste of their own medicine.
And in the process of turning Digg into a liberal-dominated network, they caused a lot of people to leave in disgust. The administration compounded the problem with their "reforms" that didn't help matters any, but merely made them worse.
They had their chance to make sure that Digg would be a place of fair play. They blew it, big-time. I have no respect whatsoever for Kevin Rose or any other member of his staff. They just got what they deserved.
And totally cast aside every notion of fairness in policing it.
It got so that no conservative dared respond to a liberal submission, unless he just flat didn't care about getting kicked off the site for good. Once I started leaving the same comment in reply to a particular bit of liberal snidery:
"Why don't you pass the time by playing a little solitaire?"
That earned a ban. For "spam."
Digg turned itself into a disaster. It's a train wreck. And now, incredibly, they're blaming all of Digg's troubles on the Digg Patriots. I've just had to leave a comment on an article on ZDNet by Steven J. Vaughn-Nichols, telling him to stop repeating lies, and telling Kevin Rose that if he tries to blame me in public for diminishing the value of his investment, *I* will sue *him*.
In case you never heard the line:
"Why don't you pass the time by playing a little solitaire?"
That is the trigger sentence given to Army S. Sgt. Raymond Shaw in /The Manchurian Candidate/.