Digg: Would you like Newsweek with that?

Readability

Digg: Would you like Newsweek with that?

At The WSJ They talk about the fall of Digg:

Digg Inc., a social-​media pio­neer once val­ued at more than $160 mil­lion, is sell­ing for the deeply dis­counted price of about $500,000, three peo­ple famil­iar with the mat­ter said.

I think if peo­ple at Digg are feel­ing kind of down on this because of this arti­cle. Remem­ber all things are rel­a­tive. Con­sider:

How Much Does a Burger King Fran­chise Cost?
Fran­chise Fees is a flat $50,000

So while there will be mag­a­zine and news­pa­per arti­cles on the fall of Digg because of this sale put this image in your mind about the rel­a­tive value of your company:

[cap­tion id=“attachment_38655” align=“aligncenter” width=“449”] Here is what you can buy for what Digg sold for[/caption]

And here is an image rep­re­sen­ta­tive of the value of one of those mag­a­zines that will no doubt write about the decline of Digg in their pages:

[cap­tion id=“attachment_38658” align=“aligncenter” width=“449”] Here is what you can buy for what Newsweek sold for at any of those BK locations[/caption]

Next time you see Tina Brown on Morn­ing Joe being treated as a cred­i­ble entre­pre­neur just look at this image, point at your screen. and laugh.

Update: Insta­lanche. Thanks Glenn, don’t miss tomorrow’s DaT­e­chGuy on DaRa­dio at 10 AM EST on WCRN. My guest will be Dr. Eugene Wal­ton. We will talk about his book African Immi­grants and African Amer­i­cans Com­mu­nity or Con­flict?
lis­ten live at wcrn​ra​dio​.com

Update 2:
At Tech­meme they are pil­ing on Digg, It’s still doing $499,999 dol­lars bet­ter than Newsweek.

The DaT­e­chGuy Fundraiser is in progress, our goal is $3000 and any help is appreciated.

For details click here for the progress check the ther­mome­ter to the right and to kick in hit DaTipJar”.





At The WSJ They talk about the fall of Digg:

Digg Inc., a social-media pioneer once valued at more than $160 million, is selling for the deeply discounted price of about $500,000, three people familiar with the matter said.

I think if people at Digg are feeling kind of down on this because of this article. Remember all things are relative. Consider:

How Much Does a Burger King Franchise Cost?
Franchise Fees is a flat $50,000

So while there will be magazine and newspaper articles on the fall of Digg because of this sale put this image in your mind about the relative value of your company:

Here is what you can buy for what Digg sold for

And here is an image representative of the value of one of those magazines that will no doubt write about the decline of Digg in their pages:

Here is what you can buy for what Newsweek sold for at any of those BK locations

Next time you see Tina Brown on Morning Joe being treated as a credible entrepreneur just look at this image, point at your screen. and laugh.

Update: Instalanche. Thanks Glenn, don’t miss tomorrow’s DaTechGuy on DaRadio at 10 AM EST on WCRN. My guest will be Dr. Eugene Walton. We will talk about his book African Immigrants and African Americans Community or Conflict?
listen live at wcrnradio.com

Update 2:
At Techmeme they are piling on Digg, It’s still doing $499,999 dollars better than Newsweek.

The DaTechGuy Fundraiser is in progress, our goal is $3000 and any help is appreciated.

For details click here for the progress check the thermometer to the right and to kick in hit DaTipJar”.