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Digg's $60 million man - NOT!
marketwatch.com — It ain't so, says Kevin Rose. The founder of Digg.com says he's broke and "can't afford a couch in my new apartment." Short article on Marketwatch (3rd story down)
- 3530 diggs
- digg it
- stryker2you, on 10/12/2007, -96/+39I for one would be willing to help him out...if each member sent him $1, he would probably do better then breaking even.
I wonder if he would even take the time to talk to digg members about this, I don't even know the guy...he's never talked to me, but he did a good thing with digg and I think we should all do something to help him out.- cambrown99, on 10/12/2007, -10/+81I don't think he's destitute. He's just living the "American Dream" (tm) and pouring everything he has into making Digg a success. I love the line at the end where Goldman Sachs was anxious to get ahold of him after the BusinessWeek cover!
- arunforce, on 10/12/2007, -9/+71Better yet, we could make an article on Meslothemlomia (sp?), and we all click the Google ads.
- alwaysmc2, on 10/12/2007, -51/+15I'd donate $1...
- titlesaysitall, on 10/12/2007, -17/+79Kevin pours his life into Diggg just for us and about 500,000 more. That's the cool part about it, he knows from a users' perspective what would be awesome and not how some CEO would choose what sells and packs more ads. He has fun doing the podcast and contributing to the site and us. I'm sure the biigest way to give back to Kevin and Alex (besides anything with money) is enjoy the site and the podcasts, that's probably what they based Digg on, users enjoying the site. As Kevin rose would say "Digg on!" and Alex would reply back "duuuude, so here's the deal."
- candiru, on 10/12/2007, -28/+22money isn't everything. maybe kevin believes that the sheer overwhelming success of his (and any of his partners') project is enough.
success != cash moneyz - jdkane, on 10/12/2007, -48/+4@alwaysmc2
>> I'd donate $1...
That should get him a nice chocolate bar ... well ... depending on what country you're posting from. - bitcloud, on 10/12/2007, -6/+63Anyone who gets on the cover of business week is far from destitute... Thats more marketting than most millionaires could afford for an entire year...
- goodshape, on 10/12/2007, -21/+5@stryker2you
if it's a choice between that or selling out to Murdoch or his ilk, I'll send a tenner. - rebrad, on 10/12/2007, -8/+72Kevin may not technically be a millionaire but because of his hard work and tenacity, he will be very soon. He is earning his fortune honestly and unlike a trust-fund brat has no reason to feel guilty when when his rewards are realized. Most people won't put off buying a sofa, etc, to the detriment of their long range goals. More power to you Kevin.
- tommajor, on 10/12/2007, -6/+150Of course he's broke, it's cause everyone viewing digg uses the Adblock Plus extension with Filterset.G updater ;-)
- theone3, on 10/12/2007, -6/+43Well, if he's that poor, why not sell a lock of his hair on eBay, or offer to do talks for an exhorbitant fee. Appear at a birthday party, hold a diggnation concert, etc etc..
Hell, he's an internet rockstar, after all. 8P - ase111, on 10/12/2007, -26/+17So, Kevin Rose is like the technology equivalent of a monk. Living with nothing, but devoting his life to study and betterment of all... only for the Internet in this case.
- mrfoos, on 10/12/2007, -25/+65You guys are sheeps just waiting to be herded.
- theone3, on 10/12/2007, -10/+42"sheeps"
mmhmm.. - smellinator, on 10/12/2007, -2/+14All this talk about the Business Week article, and I didn't see one mention that they screwed up the del.icio.us URL!
Imagine Business Week getting their facts wrong! Imagine being featured in Business Week (http://www.businessweek.com/magazine/content/06_33/b3997010.htm ), only for them to screw up your URL, not once, but twice!
How sad. Well del.icio.us is such a screwed up URL, anyway (from a marketing point).... I have heard people question "where do I put the www?" and try to put a .com at the end. And now Business Week thinks they're in the .ous top level domain. - MikeJo, on 10/12/2007, -24/+11To Adblockers: Would you pay $5 for a premium Digg membership?
- scb0825, on 10/12/2007, -15/+5I would donate a dollar too.
- RexKwando, on 10/12/2007, -6/+6It's funny that we are venturing out of the domain of digg.com to read about Mr. Rose?! Seems a bit ironic.
- guice, on 10/12/2007, -4/+5@MikeJo: AdBlock isn't solely for Digg, it's all the sites. If we pay $5 to ever site we use Adblock again, we'd be broke. Cause of AdBlock, going to premium just for the sake of "no ads" is pointless.
- Technopundit, on 10/12/2007, -0/+10We have an old couch I'd be happy to donate to Kevin Rose. It's here in Phoenix. Need somebody to truck it to Kevin's place. It's about a 15 hour trip.
- canyonblue, on 10/12/2007, -3/+5Dude... the guy has money from Digg and lives fine. Further when Digg gets sold (likely not for $200 million, lets say $50 million even) Kevin will get 30-40% of that!
- VipeNess, on 10/12/2007, -2/+4Dude, Kevin..... move to vegas... its cheap here ;)
- CharlesDarwin, on 10/12/2007, -2/+23Good thing you noobs don't have his address. He'd probably have like 500 old couches show up at his door...
- millixaw, on 10/12/2007, -2/+5Move OUT of San Francisco. It's too expensive and smug.
Can't really feel bad for anyone who says they can't afford to live there. People with six figure incomes can't really afford to live comfortablely out there. Way too overpriced and overrated. - dnthomps, on 10/12/2007, -5/+4You can't afford a new couch for this appartment, Kevin? (This is an appartment in the same complex; 3 doors down from Kevin's pad. Don't ask me how I know.) If I paid 2,700/mo, I wouldn't be able to afford a couch either.
http://www.trousdaleapartments.com/unit_details.html?unit_id=162674
Address: 3255 Sawtelle Blvd.
Apt #: 104
Sq. Ft.: 1558
Bedrooms: 2
Bathrooms: 2
Monthly Rent: $2700.00
Deposit: $1000.00
Available Date: August 5th, 2006 - OBKenobi, on 10/12/2007, -1/+6All you "I'd donate $1" people can buy a t-shirt.
- slantyeyed, on 10/12/2007, -0/+1"You guys are sheeps just waiting to be herded."
OR maybe lemmings going over a cliff?
- arunforce, on 10/12/2007, -13/+94I say the problem is with Diggnation, you spend too much money on beer. >=)
- extreme101, on 10/12/2007, -12/+60no no no, spend more money on beer. it makes diggnation so much better.
- neoknight, on 10/12/2007, -37/+40_o , that's why they say dude too much, dude!
I think i'll go click on a few google ads now, ya'll do the same dude! - diggAddict, on 10/12/2007, -71/+5@arunforce
You are an idiot.. He can drink as much beer as he bloody well likes you bloody puritan tea totalling boring armish git - titlesaysitall, on 10/12/2007, -5/+26@diggAddict- He wasn't serious. It's called a joke.
- gweedo767, on 10/12/2007, -5/+10This is why more people need to SEND them beer. So that he can be worth $60 million...
- cryptofreek, on 10/12/2007, -3/+13I wasn't aware you could actually "spend too much money on beer".
- arunforce, on 10/12/2007, -2/+12@diggAddict: Grow a brain. It could serve handy in future uses.
- nowisee, on 10/12/2007, -0/+4More drinking == more fun shows
- arunforce, on 10/12/2007, -5/+16Direct Link to Audio Podcast:
http://aolradio.podcast.aol.com/twit/TWiT0065H.mp3- buckykatt, on 10/12/2007, -0/+2Here's a couple of quick & relevant clips from this week's Diggnation:
Kevin & Alex talks about the lack of a couch:
http://www.youtube.com/watch?v=NipvXg3EvHA
Kevin talks about the Business Week story:
http://www.youtube.com/watch?v=JhnYYnSreDg
The whole episode here: http://revision3.com/ or through iTunes.
- buckykatt, on 10/12/2007, -0/+2Here's a couple of quick & relevant clips from this week's Diggnation:
- scott1, on 10/12/2007, -4/+17This is what netscape uses for propaganda.
Can't wait to see a digg user buy the netscape.com domain name.- scott1, on 10/12/2007, -20/+4I just realized somthing: If digg can't be a profitable company then how can netscape.com expect it to be a proftible company?
- arunforce, on 10/12/2007, -2/+24Digg an Netscape are on whole different levels, especially on ads.
- jdkane, on 10/12/2007, -2/+11If Netscape.com (Digg rip-off) becomes a dead horse they can afford beat it for a very long time and no one will be any wiser.
Netscape+AOL = $$$ - TheReport, on 10/12/2007, -0/+7"Digg an Netscape are on whole different levels, especially on ads."
I completely agree, Digg and Netscape are two different ponies all together One is being run with profit as the ultimate goal and helping is a large financial backer the other was started from nothing and has the users in mind with the ultimate goal of user experience - theone3, on 10/12/2007, -0/+2"I just realized something: If digg can't be a profitable company then how can netscape.com expect it to be a profitable company?"
By paying people exorbitant amounts of money.. duh!
- Gregd, on 10/12/2007, -12/+6Kevin should just get a Nike contract.
In all seriousness, Kevin is the darling of web 2.0 (rightfully so) and to me, it just isn't right that he's not making bank.
Product endorsements man...product endorsements..... - borninda818, on 10/12/2007, -32/+5isn't Kevin on TV? And doesn't digg make ***** of money from adds? How could the guy be broke?
- hackwrench, on 10/12/2007, -2/+16They're Google ads, and from what I understand, the way these things usually work, the site doesn't get anything unless they get clicked. Nothing for merely displaying them.
- gonephishin, on 10/12/2007, -3/+36And since probably around 97% of Digg users use ad-blockers...
man, I suddenly feel so dirty. - gizmo490, on 10/12/2007, -2/+9Well then why don't we click them? I know I use several products in those adds and some light product reading, while boring, wouldn't really phase me.
- EmileVictor, on 10/12/2007, -14/+5If they are clicked, a CPM (Cost per Mili) will be created and digg is paid that as well.
However you need a pretty high click rate to get even $15CPM, so it depends.
Plus digg users often use ad blockers anyway.
That said, I'm sure the revenue is still astronomical compared to most websites. - NiX0n, on 10/12/2007, -0/+7Kevin isn't "on TV." He's operates/hosts a podcast "network," per se. His source of income is from Ads, but he/digg also has to pay expenses.
- putnam, on 10/12/2007, -1/+25EmileVictor, you are completely wrong about how ad revenue works.
CPM means the cost per 1,000 impressions, or people who simply load the ad. The payout for this is extremely low, usually much less than $1. This number does not increase just because more multiples of 1,000 view the ad.
Clicks are paid for in an entirely different scheme called CPC (cost per click). These will often pay more for a single click than you'd get for 1,000 impressions, depending on the quality of your traffic and whether the ad is text/image, who you're serving ads through, etc.
Then there are conversions, commonly known as CPA (cost per acquisition), which are like the holy grail of online advertising. This is being paid pretty much like a referral system, where click-throughs that result in registrations or purchases on the advertisers' sites will bring a decent amount of cash to the publisher.
Anyway, stop posting comments forever. - MikeJo, on 10/12/2007, -0/+5This just in: Google adsense bans Digg from a sudden CTR increase of invalid clicks.
- swingsetacid, on 10/12/2007, -2/+6I just make it a practice to click on an ad whenever I digg a story. It takes an extra minute, I feel like I'm doing something useful, and it doesn't hurt to see what's out there.
- t0ny, on 10/12/2007, -2/+27I think it meant if he sold Digg. But then again, what do I know :).
- gonephishin, on 10/12/2007, -0/+21thanks for finally pointing that out t0ny. I don't think the original BusinessWeek article was claiming to have looked at his checking account to see 60 mil suddenly in there. The whole point is that Digg is now one of the 100 most visited sites on the internet. That in itself provides a big value for a potential sale. I'm not claiming that Kevin has any intention of selling it and cashing in. Just that he could be worth a few million (at least) if he sold it today. That'd buy some couches.
- oakj423, on 10/12/2007, -0/+1i thought i just read an article on here the other day that it was #4
- redbaron, on 10/12/2007, -0/+2BW doesn't come out and say that Kevini is worth $60 mill. It says "Today, Digg, Version 3, the one that would go beyond tech news to include politics, gossip, business, and videos, was going live. At 29, Rose was on his way either to a cool $60 million or to total failure." They were basically saying that he can be successful or not.
Later they said "So far, Digg is breaking even on an estimated $3 million annually in revenues. Nonetheless, people in the know say Digg is easily worth $200 million." Obviously we see Kevin and the Digg crew are going about things the right way with limited ads, which as everyone pointed out most digg users don't see. I see Kevin eventually being a millionair for his hard work. That's the way it should be for being successful.
- Goeran1, on 10/12/2007, -5/+53Come on, you don't need to start collecting money for Kevin. They are investing the money they get to build out digg because they KNOW that digg is worth a lot and they know that one day they will be able to sell this company for MILLIONS. This is the only reason why they are not profitable yet - they don't have to at the moment because venture capitalists would be happy to put Millions into this company.
If Kevin Rose is now trying to play the poor guy, he will get on my nerves soon.- madhouseradio, on 10/12/2007, -5/+22Kev's not trying to play the poor guy. He's just responding truthfully that hes not a multi-millionare...or at least not just yet.
- Toiling, on 10/12/2007, -5/+3"...and they know that one day they will be able to sell this company for MILLIONS..." you must mean BILLIONS.
By the time he's done investing it certainly will be - that is unless some companies (such as Yahoo and Google) don't already think it's worth billions. - chrisbtig, on 10/12/2007, -0/+6@Goeran1: Thank you for explaining to these people how business works. Very few companies, particularly internet start-ups, turn a profit the first few years. They spend that time building a brand and improving the product(s). That's the nature of investment.
- CiXeL, on 10/12/2007, -4/+25ALOT of people make ALOT of money claiming to be poor
Kevin should do it the old fashioned way with a webcam, a website, a brooding and mysterious look and an amazon wishlist.
http://www.thebestpageintheuniverse.net/c.cgi?u=cam_whore- agimat, on 10/12/2007, -1/+13Yea and it works too. Just ask the Firefox guys.
/runs for cover - MikeJo, on 10/12/2007, -0/+10"I am broke - I eat ramen noodles, I sleep on the floor in my small appartment, and I go to the library for internet access." - A quote from an unnamed entrepreneur who makes over $100,000 per month. (I wish I made this up, but it's 100% true.)
- armbar, on 10/12/2007, -0/+7You + Webcam - Clothes - Dignity = $$$
- agimat, on 10/12/2007, -1/+13Yea and it works too. Just ask the Firefox guys.
- extreme101, on 10/12/2007, -8/+4Yeah the article basically estimated what digg is worth, 200mil or something. and considering kevin has a 40% share, he is appaertnly worth 60mil..... sneaky, by business week.
- numptydumpty, on 10/12/2007, -3/+5It's not really sneaky though, is it - this is what journalists do, they find a way of making an attention-grabbing headline by presenting it in a certain light.
"Digg founder Kevin Whateverhisnameis has the potential to be worth approximately $60 million should a large media company choose to buy out digg.com" doesn't quite have the same ring, i'm sure you'll agree
- numptydumpty, on 10/12/2007, -3/+5It's not really sneaky though, is it - this is what journalists do, they find a way of making an attention-grabbing headline by presenting it in a certain light.
- jdkane, on 10/12/2007, -4/+49Kevin Rose said he "can't afford a couch in my new apartment." ... because the Ferrari was more expensive than he originally thought ;)
- neoknight, on 10/12/2007, -0/+31wait so, he DID get a 'NEW' apartment. The couch can wait!
- m0nk, on 10/12/2007, -3/+8Why does everyone care so much what sort of financial state Kevin Rose is in? He's trying something innovative that's meant to be for the people, who cares what he might be "worth"? And after keeping up with Diggnation since the start I personally think he just seems like a normal guy who deserves the same level of respect you'd give to the guy in the cube next to you. Now, if people wanted to send ME a $1 each, I won't complain there...
- rodrigo74, on 10/12/2007, -6/+1What about the Digg users opening a "Kevin Rose Couch Fund" at PayPal? (:
- noodlez, on 10/12/2007, -3/+9digg is mostly techies
techies mostly use firefox
techies who use firefox usually use adblock
digg + adblock = less revenue for kevin rose
so...eh...to save kevin, disable adblock!- noodlez, on 10/12/2007, -2/+9or just whitelist the site so you see ads :)
- m0nk, on 10/12/2007, -4/+23I won't disable Adblock, even to "save Kevin", and you can't make me!
- zybch, on 10/12/2007, -3/+5You and me (and everyone else) knows that this just ain't gonna happen.
Once you get used to your eyes NOT bleeding every time you look at a web page, its difficult to go back! - Flamekebab, on 10/12/2007, -6/+1Perhaps he'll have to work on his business model. Instead of trying to fight new technology, work with it.
- Lazybones, on 10/12/2007, -0/+3adblock is not fool proof. Some sites have found ways to make it very hard to block the images and regularly get through the filter sets.
I don't click on that crap anyway, if I am going to purchase something I am going to first try and find it locally, then from a trusted on line retailer and if I still can't find it it will probably be eBay.
- NiX0n, on 10/12/2007, -7/+13Why was this even posted? If anybody had watched diggnation, or watched headlines that hit frontpage days ago, then people already know the story (both sides of it even). I don't think we need to be reminded of "how poor kevin is"
No offense Kevin, but just because a story is Digg or Kevin Rose related, doesn't mean it's worth digging every time one comes up. Old News, NO DIGG.- ghm101, on 10/12/2007, -7/+3Just digg being narcissistic. Again.
- DeathtoG4, on 10/12/2007, -7/+1count me in for 1$
- Scopitone, on 10/12/2007, -7/+3Yet you can afford to fly my girlfriend Posh up to SF for the weekend?
- Technopundit, on 10/12/2007, -1/+3He's dating one of the Spice Girls??
- cody50, on 10/12/2007, -0/+2Bend it like Rose.
- Gatesophile, on 10/12/2007, -0/+1He meant Posh Suicide from the SuicideGirls, but the Spice Girls thing made me laugh. :D
- djoek, on 10/12/2007, -1/+11Here's the deal: Imagine being a regular dude trying to get by, you have a job that pays you a fair salary, and you have a place to live. You also have a lost painting in your basement that Picasso and Rembrant made together (yes yes, i know)
THAT DOESN'T MAKE YOU RICH! It makes you a poor guy with a painting, until the moment someone actually buys it.- armbar, on 10/12/2007, -9/+1[capt. obvious]
Hey ur stoopid!!1 Picasa and Rimbarndd didnt live @ teh same tiem!!!1
digg -= 10!!! LOL
[/capt. obvious]
It had to be done. - socbret, on 10/12/2007, -1/+7no, it didn't.
- armbar, on 10/12/2007, -9/+1[capt. obvious]
- siliconglen, on 10/12/2007, -0/+3Why don't they sell shares in Digg to the user base. I'd buy some (provided there wasn't some irritating rules as there was with Google to restrict it to US only). That way Kevin would get some hard $ for his sofa and we would all be in the $$ when the additional investment arrives...
- thomasjordan, on 10/12/2007, -0/+3I do not believe that digg is publicy traded... so selling shares to anyone, is sort of not in the picture at this point.
- oreo2123, on 10/12/2007, -0/+4right, you would have to wait for digg to go IPO and to do that they have to have 2 years of firm financial data collected. so it's not just a why not type of thing...
- daldredge, on 10/12/2007, -0/+3@thomasjordan
One can own shares in non-publicly traded corps. I know this because I have.
Now the rules are different than publicly traded stocks and the market isn't nearly as liquid but it can be done. - fcain, on 10/12/2007, -0/+2I think that's actually a pretty good idea. If he really wants to be different, and demonstrate that he's not going to just follow the standard build-up, sell-out model of Internet business, Kevin should consider giving stock to the biggest contributors. That would tie their efforts to the success of Digg, and still not make it look like it's all about the money. Since it's private stock, it would be almost impossible to sell it on an open market.
- mjar81, on 10/12/2007, -7/+3Saying "NOT" after a sentence to negate its contents is SOOOOOO 1990's
get with the times- bitcloud, on 10/12/2007, -3/+8I actually use not all the time... I refuse to get with the times, talking like a tech geek te negate my sarcasm... NOT...
/sarcasm (***** i think i've confused myself now) - numptydumpty, on 10/12/2007, -3/+4Failing to reply to a comment and posting a new one instead is sooooooo 2005.
- bitcloud, on 10/12/2007, -3/+8I actually use not all the time... I refuse to get with the times, talking like a tech geek te negate my sarcasm... NOT...
- buryme, on 10/12/2007, -0/+12Well, I'd gladly hand over my home, cars, and all my couches for Kevin's share of Digg...I'm not really feeling too sorry for him.
- flex411, on 10/12/2007, -0/+7Why does he want us to think hes soo poor? He clearly is making money, enough to live well anyway, the fact that he hasn't bought a couch yet, is irrelevant. Be proud man! Say "I'm Rich Bitch!" Im sure people will still like you! Give him a dollar?! Grrr..
- bitcloud, on 10/12/2007, -1/+4thats funny... I actually cringe whenever I see chapelle saying "i'm rich bitch"
I'm all for Kevin's Success because he's one of the little guys, and it doesn't seem to be at anyone's expences (except for the old media power player dinosaurs)
I don't think he need's to pretend to be poor, or rub it in other people's faces that he's rich... just live simply, make good decisions for DIGG in the face of the market analysts and power players who might want to bastardise/censor or otherwise commercialise this site, and give back to the community...
It's not wealth we hate, its greed...
- bitcloud, on 10/12/2007, -1/+4thats funny... I actually cringe whenever I see chapelle saying "i'm rich bitch"
- barryyams, on 10/12/2007, -4/+6Digg is not breaking even?
Either Kevin is telling lies or he's a making some poor business decisions.
Digg shouldn't have high running costs, it's only essential expenses are a handful of cheap servers and a couple of coders.- rossriley, on 10/12/2007, -1/+10didn't they say when they did the relaunch that there were 75 servers? Add in bandwidth as well and it can't exactly be cheap.
- Nesh, on 10/12/2007, -2/+10Last I heard, I believe they have around 100 servers. Plus coders don't come cheap. Not to mention a fat honkin' internet pipe (or is it a tube?).
- Yashu, on 10/12/2007, -1/+3Plus, wait until the current administration lets the telcos charge him twice! You think he is broke now...
- hobgobbler, on 10/12/2007, -0/+2The only revenue he has are those stupid google ads at the top which I'll bet 99.999% of the users ignore. That's no way to run a railroad, he should charge registered users a one time fee like metafilter or at least accept donations. Or have a pledge drive ala NPR. He may get lucky and get bought out but whoever buys him will try to paste banner ads all over and chase away all the smart users, along with the content they bring.
- skidooer, on 10/12/2007, -0/+3"Plus coders don't come cheap. "
$12 / hour according to the BusinessWeek article. "Rose withdrew $1,000 -- nearly one-tenth of his life savings -- and paid a freelance coder $12 an hour". That's dirt cheap! ;)
- kramnostam, on 10/12/2007, -2/+19I didn't think it was possible to find a news service that was more infatuated with itself than Slashdot, but lo and behold... here it is.
- mozomo, on 10/12/2007, -8/+2sending USD 1 or 10 sounds fair for sure I am game, Kevin how do we pay to Digg :)
- ProtocolJ, on 10/12/2007, -0/+6It's all about traffic on the internet, the more your site drives it, the more it's worth. It's that simple.
- xLiKx, on 10/12/2007, -0/+5he needs better sponsors ;)
- kwilliam71, on 10/12/2007, -4/+2I'm sorry, but it's NOT "Radio." I'm surprised nobody else found this nomenclature annoying.
- toxicredm, on 10/12/2007, -0/+8Wrong topic. Come on guys! First tattoos, and now we're talking about whether or not he can afford a couch. This belongs in Celebrity News.
- Melio, on 10/12/2007, -2/+4I'm poor too. join the club kevin :)
need a beer? - NeonDemon, on 10/12/2007, -1/+2I hope this shows up on DiggNation, that will be interesting
- buckykatt, on 10/12/2007, -0/+1Um, it already did...Download the last show (ep57 I think?).
- flex411, on 10/12/2007, -1/+4But bandwidth is expensive, programmers cost money, servers are soo much money! This is the first line I hear from nearly every site, and surprisinly alot of users just believe this without question. I subscribe to a site that charges 50 cents a week and they have like 200,000 users, they dont use as much bandwidth as most places, there is only a couple servers and 10 guys run it and the users are defending these guys tooth and nail. Hey I'm not bashing them, your making money, but don't pretend like your not. And these guys that just beleive this stuff is what gets me.
- gollo, on 10/12/2007, -0/+2I agree with the whole pretending like their not rich. If Digg wasn't making money how did they get a bank to give them a loan to buy a new office building? How do they pay their monthly bandwidth bills? They have to be making something and maybe he was just saying no to $60mil when actually it is "only" $30mil'ish. *rolleeyes*
- choweining, on 10/12/2007, -0/+2The Business Week article states that Digg is currently breaking even on an estimated $3 million annually in revenues.
- thepaul, on 10/12/2007, -1/+4Alex and Kevin were talking about this in the last diggnation. 60 million and he has to go to Target to buy a sofa. On the other hand if we see a very nice sofa of leather in the next diggnation we will all begin to wonder.
- wazzzup, on 10/12/2007, -9/+8Oh digg...zzzzzzzip...kevin rose...oh yes...thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap, thwap...aaaaahhhh.
Crap, I ran out of Kleenex from the last digg/kevin rose post on digg.
It's kind of embarassing how much digg/kevin rose likes to read about itself. Get over yourself digg fans.- Gatesophile, on 10/12/2007, -0/+4Hey, how'd you see me?!
- Namco, on 10/12/2007, -3/+7I think to quote Kevin accurately, he's not even poor, he's po'. He can't afford the last 2 letters.
- sjalloul, on 10/12/2007, -1/+6After listening to TWiT 65 Episode and reading the Business Week, it comes to my attention that regardless of all the headlines and talks Kevin Rose remains a humble, down to earth individual. Regardless if he made a profit or not the Digg remains the most viewed/visited page on the web, and I am sure the next 18 months will be fruitful in many ways! So Digg folks keep up the good work (bury Beta Netscape while your at it!)
- zane411, on 10/12/2007, -3/+3Why not set up a donate page? The "Buy Kevin Rose a Sofa" fund. Nothing mandatory, just generous people throwing their cash around. Or more merchandising...I for one want a Digg mug.
- angler8890, on 10/12/2007, -5/+3Its rather sad to see everyone chatting http://www.gghq.info/sitemap.htm about Kevin Rose like he's their best friend. Anyone with any sense can see he's not poor.
- Leofan7, on 10/12/2007, -1/+1Maybe someday you'll be able to take out equity on websites.
- Stopher, on 10/12/2007, -0/+2I'd hit up ebay or craigslist for a couch. I got my sectional for 50 bucks on ebay.
- n8r0n, on 10/12/2007, -1/+1It seems that many of you know very little about business. It does not matter how much money Digg or Rev3 make, it is not Kevin's money it is the company's. Kevin has a salary just like all the other employees at Rev3 and the overhead left over go right back into the company for future expenses. Just because you have a highly successful venture that is generating good revenue does not make you an instant millionare. Businesses have expenses and you cannot pocket every profit the company makes or you will fold very quickly.
- duranracing, on 10/12/2007, -0/+1Well even if we all gave him a quarter he could easily be worth 250 thousand easily.
- jlawson1, on 10/12/2007, -1/+4Isn't there any Digg members out there that can spare Kevin a couch??? Sounded to me like he needs one. Kevin you just need to start up another site and call it Digg2, asking all members to Digg, dig under those couch cushions and send that money in....lol
- Breakdown05, on 10/12/2007, -10/+2NO ***** HE SAID IT THIS WEEK IN DIGGNATION
BURY CRAP- titlesaysitall, on 10/12/2007, -5/+11CAPS LOCK IS CRUISE CONTROL FOR COOL!!
- MikeJo, on 10/12/2007, -6/+2NO ***** HE SAID IT THIS WEEK IN DIGGNATION ...
BREAK IT DOWN!!!
OH OHOHOH .. STOP! .. HAMMER TIME - Breakdown05, on 10/12/2007, -6/+1UH OH UH OH UH OHH
- tim507, on 10/12/2007, -0/+4trust me, if someone buy's digg from him, hes a millionaire
- kanecorp, on 10/12/2007, -1/+6I admit I feel better now. I couldn't stand thinking he made 60 mil off this site
- puggy, on 10/12/2007, -0/+4The problem is there's no real product, just a legion of fanboys.
- OBKenobi, on 10/12/2007, -0/+3You're the product. Sort of like ground beef.
- bigkm, on 10/12/2007, -0/+2he's oviously worked hard, why not every one on digg click an ad every day or for say every 5 articles. or something. I've never clicked one before.
- blueoysterdvp, on 10/12/2007, -0/+1Kevin's cool and deserves it.He was great on Screen Savers and if those idiots at Comcast didn't kill Tech TV he would have been discovered for the talent he is.
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