Is Digg.com for sale? Rumours suggest that the social media giant may be hitting the market very soon. If so, what will it sell for? Who will buy it? What is it really worth?
This is not the first time that rumours of Digg being sold have surfaced, but VentureBeat recently claimed that Digg is getting serious about a possible sale, and what’s more, they have hired Allen & Company to sell the site for $300 million.
The curious thing about this company is that it doesn’t seem to like publicity, so much so that it doesn’t even have a websites. Weird!
Anyway, the million dollar question is: what will Digg sell for?
According to industry gossip, this is in fact a $300 million dollar question. Yes, you heard correctly, Digg is being valued by some at $300 million. Not a bad chunk of change.
We expect to hear a lot more about this over the coming weeks and months.