the j. botter weblog

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Yahoo Ain’t Giving Up

with 52 comments

For all this talk of Yahoo throwing in the towel and conceding the search market to Google, there sure is lots of talk going on that, if proven correct, could see Yahoo jump right back in the game. They’ve already got Flickr, Upcoming and Delicious, and from what I hear, one final piece of the puzzle could be added sooner rather than later, as little birdies have informed me that Yahoo has an offer on the table to buy Digg for somewhere in the range of $35 million dollars.

I don’t know how true it is, but the same guy DID tell me that Yahoo was buying Delicious, and sure enough, they made an announcement two days later.

If I’m Kevin Rose, I’d be selling, because they are never going to get the kind of market price that’s being offered to them right now.

Update: I try to answer some of the questions surrounding the Digg purchase and speculate further on why they’re seeking Digg in the first place at another post. I’ve also got some speculation about the future of TagWorld, one of my favorite new social networking apps.

Written by Jeremy Botter

January 24, 2006 at 10:27 pm

Posted in Uncategorized

Tagged with , , ,

52 Responses

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  1. That would also be selling out, too.

    Kevin doesn’t seem like that kind of guy, but who knows.

    Tristan

    January 25, 2006 at 12:09 am

  2. actually, if Digg holds out, perhaps they could demand more on the market — and have a chance at creating a lasting change in user-led journalism… Digg could one day challenge Yahoo as a news source. I, for one, already use Digg more than Yahoo or CNET, the sites I used to use to find good tech and music news.

    danboarder

    January 25, 2006 at 12:19 am

  3. That isn’t selling out, yahoo has much greater resources then kevin could ever afford, so it would make the digg experience so much better. Sell Kevin Sell !!! But keep diggnation going, I love that show…i wouldn’t sell all to yahoo, i would try and work out where I could keep some kind of creative design control, so they don’t change the interface to something crappy…Dugg….

    andrewpate

    January 25, 2006 at 12:20 am

  4. pfft:
    Rumors… we are focused on features, not selling the company.
    posted by kevinrose (63) at 10:12 PM 1/24/06

    senectus

    January 25, 2006 at 12:20 am

  5. That isn’t selling out at all. I know they won’t give up complete ownership.

    Jonny

    January 25, 2006 at 12:40 am

  6. he would be smart to take the money and then start a new site thats better organized. many stories are just lost in the cracks because the stories arent being arranged properly. the front page is all anyone looks at and the stories are basically the same ones, the spy page proves this.

    davenose

    January 25, 2006 at 2:09 am

  7. hearing that myspace got $580 million makes me think that $35 is a bit low, yet tom had 60 million friends last time i checked and many people take him off their friends list! how many diggers are there?

    davenose

    January 25, 2006 at 2:14 am

  8. [...] Aunque de momento es solo un rumor, según comentan en Digg, Yahoo ha puesto una oferta de 35 millones de dólares para comprar Digg. [...]

  9. Can you please explain what is Digg?

    Thanks
    http://www.jool.wordpress

    timothy Asir

    January 25, 2006 at 8:39 am

  10. [...] … and speaking of Digg, it turns out Yahoo wants to buy them for $35 million. This could be because they’re turning into the new Slashdot, but it’s more likely to do with the kind of democratisation of news I was talking about earlier. Their approach would yield very interesting results in the wider news arena, and the company seems to be rapidly acquiring Web 2.0 sites. [...]

  11. [...] ——- On a side note: just read on Kevin Burton’s blog that there is a rumor out there stating that Yahoo! has an offer out to buy Digg for $35mm. I wonder if this is a case for Partial Founder Buyout man (I really need a logo or something for that)! I think Digg could be worth more if given time to grow so if a VC jumps in with PFB they may be able to get a great investment out of the deal. January 25th 2006 Posted to FeedBurner [...]

  12. [...] I hate posting rumors, but I won’t ignore this one. J. Botter says Yahoo has an offer on the table to buy Digg, the community news service, for $35 million. If you look at Yahoo’s recent aquisitions (del.icio.us, Flickr), this fits right in, but it doesn’t work well as part of a general corporate strategy. Frankly, Yahoo could build a Digg out of del.icio.us for a lot cheaper. (via Kevin Burton > Hat-tip: Tristan Louis sitting in the chair behind me ) Posted: January 25, 2006 by Nathan Weinberg in: [...]

  13. [...] El rumor comenzó en el blog de J. Blotterquien asegura que la misma fuente que le informó de la compra de del.icio.us le ha dicho que Yahoo! estaría ofreciendo algo así como $35 millones de dólares por digg. [...]

  14. I’m a Yahoo, Digg?

    Fresh off the purchas of Upcoming, Del.icio.us, and Flickr, it appears Yahoo may be in the market for more 2.0ish stuff. Jeremy Zawodny (who should know) direct links us to this tidbit from j.botter. For all this talk of Yahoo…

    The Bay Area Is Talking

    January 25, 2006 at 4:46 pm

  15. [...] Yahoo! Buying Digg? Published January 26th, 2006 Tags: Asides, digg, websites, yahoo. Is Yahoo buying Digg? Would surely be an interesting purchase to add to their ever-growing portfolio of websites that the blogging community is in love with. Now, if Yahoo would start to leverage all the technologies that they are gobbling up then things would really start to get intriguing. (0) [...]

  16. [...] Is Yahoo acquiring Digg? Jeremy Botter and Kevin Burton say yes, but Kevin Rose, the founder of Digg, says “Rumors… we are focused on features, not selling the company.” in a comment (#64). [...]

  17. [...] The rumors and all the Web 2.0 buzz is making my head spin. Earlier this morning I read that Yahoo was in serious talks to buy Digg, the pretty young thing among the social bookmarking sites. Kevin Rose, one of the founders of Digg.com refuted the rumor. End of the day, Kevin Burton says that he has heard from two folks that Yahoo is offering $30 million for Digg.com. [...]

  18. 2 days. i’ll give Yahoo 2 days before they announce the deal.

    theCreator

    January 26, 2006 at 2:50 am

  19. [...] The rumors and all the Web 2.0 buzz is making my head spin. Earlier this morning I read that Yahoo was in serious talks to buy Digg, the pretty young thing among the social bookmarking sites. [...]

  20. [...] Yahoo aurait fait une proposition d’achat à Digg, le montant serait situé aux alentours de 30-35 M$. Ce qui est étonnant c’est que Yahoo achète toujours ces boîtes web 2.0 (Del.icio.us, Flickr) à ce prix! Il n’y a que eBay pour payer le prix fort… Ok un skype n’est pas un Flickr je l’avoue. [...]

  21. [...] On en parle aussi ici et la. [...]

  22. Rumors – Yahoo! vuole Digg

    Per ora manca la conferma ufficiale, ma fonti autorevoli della blogosfera non sembrano lasciare molti dubbi: Yahoo! si è offerta di acquistare Digg, il noto sito di informazione dove i lettori possono proporre, votare e commentare le notizie determ…

    Blogs4biz

    January 26, 2006 at 9:15 am

  23. Yahoo buying Digg?

    Rumors are flying that Yahoo has a $30M bid on the table to acquire the social news site Digg. Kevin Burton and Jeremy Botter have pointed to sources who claim the deal should go down sometime next week. Given the search engine’s focus on the so…

    Trevoro

    January 26, 2006 at 9:50 am

  24. [...] This has been all over the “Web2.0″ blogosphere. It is rumored that Yahoo! Inc. to buy Digg.com for $35 million dollars. Jeremy Botter and Kevin Burton say it’s going to happen but the man himself Kevin Rose, founder of Digg, says its not going to happen (not anytime soon may be). [...]

  25. [...] Regardless of if you want to believe this rumor or that rumor about Yahoo and Digg dancing the aquisition rumba, Yahoo’s not giving up on search. I knew that they would retract immediately (which they did).  Now, I bet Susan Decker has already gotten some smack down for her mistake, and Yahoo will probably come out swinging to prove to the industry and to the street that they’re not down and out… [...]

  26. Will Yahoo! Buy Digg?

    I’ve been hearing about the recent rumors that Yahoo is in talks with Digg to be bought out for a rumored $30 billion. However, the rumors were denied by Kevin Rose.

    AMCP Tech Blog

    January 26, 2006 at 3:54 pm

  27. [...] For those who haven’t heard yet today, there is speculation that Yahoo is to buy Digg for over $30 Million…  Sources are Jeremy Burton and Kevin Burton (Mashable.com)…  Kevin Rose (of Digg) of course denies any of these rumors. [...]

  28. Silicon Valley Damashii, or, the Yahoo! endgame

    So it appears (though it is still a rumor) that Yahoo! is all set to acquire Digg.

    Why is Yahoo! buying up all these niche websites?

    Much has been made of Y!’s (semi-)recent purchases of del.icio.us and Flickr.
    Delicious, start…

    dsandler.org

    January 26, 2006 at 8:03 pm

  29. [...] So it appears (though it is still a rumor) that Yahoo! is all set to acquire Digg. [...]

  30. [...] Die Spatzen scheinen es von den Dächern zu pfeifen: Yahoo soll digg.com ein Kaufangebot offeriert haben. Einen entsprechenden digg-Artikel mit langer Diskussion dazu gibt es auch. [...]

  31. [...] There have been a lot of rumors circling the web about Yahoo purchasing Digg (the j. botter weblog, TechCrunch, Yahoo Search Engine News). This rumor has been put down (at least for the time being) by Kevin at Digg Blog: So, just to set things straight – we are not in talks with Yahoo. We are focused on creating new features and expanding digg into new areas beyond tech. The recent reports about digg and Yahoo! are just rumors, nothing more. [...]

  32. [...] SkimCSS es el equivalente a Digg.com (por cierto, se rumora que Yahoo quiere comprar Digg por 35 millones de dólares), con la diferencia que solamente se concentra en la categoría de CSS. [...]

    ufotech » Skim CSS

    January 27, 2006 at 10:41 am

  33. [...] Yahoo est-il sur le point d’avaler Digg? Jeremy Botter et Kevin Burton sont affirmatifs, mais ce dernier, le fondateur de Digg déclare dans un comment”>commentaire (#64) sur un post au sujet de sa société “ce sont des rumeurs…nous nous dédions au développement du produit, non à la vente de la société” [...]

  34. Does anyone else have any other information about the Digg acquisition by Yahoo? Don’t know about you but I’d take $35M for zabr.com…. If I were the owners, I’d sell.

    jdb

    February 5, 2006 at 5:58 pm

  35. yahoo trying to buy everything on the market, maybe including digg, is just a sign that the dont understand that business at all, digg is based on the concept of thousands of loyal diggers which would just follow the rose whereever he goes, so I hope they sell, throw a big party (we all ahve to get invited of course) and then turn around and start the next digg – I’m sure we would all meet there again

    amadeus

    February 6, 2006 at 8:51 am

  36. [...] It is also rumored by both Kevin Burton and Jeremy Botter that Yahoo is going to be purchasing Digg for $30M quite soon. [...]

  37. it just take 2 days coding to implement 50% of digg at http://www.opida.com. Yahoo might plan just to build it instead.

    steve

    April 2, 2006 at 3:51 am

  38. Skim CSS

    SkimCSS es el equivalente a Digg.com (por cierto, se rumora que Yahoo quiere comprar Digg por 35 millones de dólares), con la diferencia que solamente se concentra en la categoría de CSS.

    Egoblogs

    April 2, 2006 at 10:32 pm

  39. [...] Despite seemingly problematic revenue opps, Yahoo! is continuing their UGC/Web 2.0 purchasing spree: they apparently have an offer on the table to buy Digg. UGC is a critical aspect of Web 2.0, and they can’t afford to miss the boat. [...]

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  41. What is software escrow?

    tisp

    August 4, 2006 at 6:07 am

  42. I have found your page.

    hav

    August 12, 2006 at 7:28 am

  43. hi, nice site.

    wak

    August 14, 2006 at 1:44 pm

  44. [...] Earlier this year, blogger Jeremy Botter wrote that Yahoo offered over $35 million for Digg. Rose denied the rumor, saying on one podcast, "I wish." [...]

  45. Newsvine does indeed rock.

    kb

    February 15, 2007 at 9:50 am

  46. Hi Webmaster! It was a pleasure to look through this site! there is a lot of new and fresh ideas)!Thank You

    Gay Blowh

    June 5, 2007 at 4:19 pm

  47. interesting

    Alexis

    July 31, 2007 at 2:15 pm

  48. very interesting, but I don’t agree with you
    Idetrorce

    Idetrorce

    December 15, 2007 at 9:06 am

  49. nice article, but dont agree. yahoo is too much portal-oriented.

  50. To me it is necessary to find

    Dypelalia

    February 24, 2008 at 2:53 pm


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