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205 Comments
- tommajor, on 10/12/2007, -6/+149Of course he's broke, it's cause everyone viewing digg uses the Adblock Plus extension with Filterset.G updater ;-)
- arunforce, on 10/12/2007, -13/+93I say the problem is with Diggnation, you spend too much money on beer. >=)
- 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!
- rebrad, on 10/12/2007, -8/+71Kevin 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.
- arunforce, on 10/12/2007, -9/+71Better yet, we could make an article on Meslothemlomia (sp?), and we all click the Google ads.
- titlesaysitall, on 10/12/2007, -17/+78Kevin 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."
- bitcloud, on 10/12/2007, -6/+62Anyone who gets on the cover of business week is far from destitute... Thats more marketting than most millionaires could afford for an entire year...
- extreme101, on 10/12/2007, -12/+60no no no, spend more money on beer. it makes diggnation so much better.
- inactive, 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. - 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 ;)
- inactive, on 10/12/2007, -25/+65You guys are sheeps just waiting to be herded.
- 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 - inactive, on 10/12/2007, -3/+36And since probably around 97% of Digg users use ad-blockers...
man, I suddenly feel so dirty. - theone3, on 10/12/2007, -10/+42"sheeps"
mmhmm.. - neoknight, on 10/12/2007, -0/+31wait so, he DID get a 'NEW' apartment. The couch can wait!
- t0ny, on 10/12/2007, -2/+27I think it meant if he sold Digg. But then again, what do I know :).
- 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. - arunforce, on 10/12/2007, -2/+24Digg an Netscape are on whole different levels, especially on ads.
- 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 - 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...
- titlesaysitall, on 10/12/2007, -5/+26@diggAddict- He wasn't serious. It's called a joke.
- inactive, 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.
- m0nk, on 10/12/2007, -4/+23I won't disable Adblock, even to "save Kevin", and you can't make me!
- 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.
- 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.
- 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.
- 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. - 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.
- agimat, on 10/12/2007, -1/+13Yea and it works too. Just ask the Firefox guys.
/runs for cover - 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. - arunforce, on 10/12/2007, -5/+16Direct Link to Audio Podcast:
http://aolradio.podcast.aol.com/twit/TWiT0065H.mp3 - 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. - 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.
- 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.)
- 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.
- inactive, 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.
- 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 = $$$ - justice7, on 10/12/2007, -2/+11i second this
i read the title and description and thought what the *****!?
Kevin has as much money as he wants to have. He can put money back into Digg as he wants to.
Get this, maybe he's buying up more share in digg by investing in servers........ 200 mil? Well worth the investment for him.
You guys seriously want to give a millionaire cash? Go ahead. Meanwhile, he's laughing all the way to the bank. He may not have cash in hand RIGHT NOW, but soon he'll be a multi millionaire with change to spare. - toxicredm, on 10/12/2007, -0/+8Wrong topic. Come on guys! First tattoos, and now we're talking about whether or not he can afford a couch. This belongs in Celebrity News.
- Nesh, on 10/12/2007, -2/+10Last I heard, I believe they have around 100 servers. Plus coders don't come cheap. Not to mention a fat honkin' internet pipe (or is it a tube?).
- NiX0n, on 10/12/2007, -0/+7Kevin isn't "on TV." He's operates/hosts a podcast "network," per se. His source of income is from Ads, but he/digg also has to pay expenses.
- inactive, on 10/12/2007, -0/+7"Digg an Netscape are on whole different levels, especially on ads."
I completely agree, Digg and Netscape are two different ponies all together One is being run with profit as the ultimate goal and helping is a large financial backer the other was started from nothing and has the users in mind with the ultimate goal of user experience - flex411, on 10/12/2007, -0/+7Why does he want us to think hes soo poor? He clearly is making money, enough to live well anyway, the fact that he hasn't bought a couch yet, is irrelevant. Be proud man! Say "I'm Rich Bitch!" Im sure people will still like you! Give him a dollar?! Grrr..
- armbar, on 10/12/2007, -0/+7You + Webcam - Clothes - Dignity = $$$
- noodlez, on 10/12/2007, -2/+9or just whitelist the site so you see ads :)
- 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.
- socbret, on 10/12/2007, -1/+7no, it didn't.
- 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! - titlesaysitall, on 10/12/2007, -5/+11CAPS LOCK IS CRUISE CONTROL FOR COOL!!
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