Digg’s own Kevin Rose posted a response to the Yahoo aquisition rumors:
“Rumors… we are focused on features, not selling the company.”
First off, I never said Digg was accepting the Yahoo offer. I merely stated that Yahoo has an offer on the table to buy the company. Do I think it’ll happen? Perhaps. Kevin says they’re focused on features, which is all fine and good, but at some point, they are going to sell the company, and Yahoo, as it stands right now, is the foremost suitor.
And the price stated is probably just about right. Users in the Digg thread leading to this page said that Yahoo bought Delicious for $500 million, which is totally way off base. It’s a lot more likely that Yahoo probably paid somewhere in the range of $50 million, which would put the Digg numbers slightly lower, right around the same price that I stated in my previous post.
As I stated on the previous post as well, this is not confirmed. I’m glad everyone is reading and commenting, but take it with a grain of salt.
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[...] Update: I’ve got a bit more on this story at a newer post. [...]
35 million is too little for a site like digg. It’s at least on par with Delicious.
35 million is way too much for DIGG. The site itself isn’t terribly valuable. The eyeballs are, of course. That said, DIGG has such a narrow demographic, I can’t see it being terribly enticing to Yahoo.