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Kevin Rose on BusinessWeek Cover

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BusinessWeek -- Kevin Rose

BusinessWeek has a cover story on Digg rockstar/founder Kevin Rose this week. I say rockstar because Kevin truly is one, despite not being a musician (I think). He’s created something people love, hundreds attend his parties, women fawn over him, and he’s got money.

The article is good, though. I’m always interested to read how web dudes come up with the stuff they create. It’s an inspiration to those of us who are interested in creation.

One interesting quote:

“We have a clear path toward becoming a profitable company, and we’re fully funded. We don’t have to worry about it now, as long as we keep hitting our numbers.”

Isn’t Digg already profitable? They haven’t taken much in the way of funding (at least compared to other dot-coms), and they’re making a killing off the Federated Media advertisements, so aren’t they making money already?

I’m wondering what Digg will sell for, if indeed it eventually sells. Something tells me that if someone offers Kevin Rose 100 million dollars for a site he bootstrapped, he’ll take it. If he doesn’t, he’s more of a punk rocker than I thought he was.

Written by Jeremy Botter

August 3, 2006 at 8:15 pm

Posted in General

Tagged with , , ,

3 Responses

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  1. If digg is worth 200 million then i’m a billionaire.

    This latest story on digg is laughable.   The founder of digg owns 30% of the company,  and is estimated to break even with 3 million a year in revenues.  Business week uses alexa data to measure how popular the site is,  says the company is worth…

    The Paradigm Shift

    August 4, 2006 at 11:52 am

  2. I think all of us should be happy of the success of other people! I mean the man clearly deserves what he has now in his life. He worked hard for it after all.

    tin189

    August 22, 2006 at 3:56 am

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