Deja Vu 2.0

Tags: Digg + BusinessWeek + Kevin Rose

Kevom
Kevom posted on Aug 4th 2006 2:00PM; via techdirt.com/articles/20060803...
Deja Vu 2.0

According to BusinessWeek, Kevin Rose made $60 million in 18 Months. For BusinessWeek it's already a done deal: "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." Of course, the article doesn't identify these "people in the know" who figure that a profit-less site is worth 60x revenue. It also never explains how Kevin Rose made $60 million, probably because he didn't actually make that money...

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