Tag: BusinessWeek

BusinessWeek bubble blower gets book deal

Tags: BusinessWeek + Sarah Lacy + Digg + KevinRose + Jessi Hempel

MarcoPolo
Posted by MarcoPolo 2 years 1 month ago; via valleywag.com/tech/sarah-...

Sarah Lacy, who co-wrote the BusinessWeek cover story "How this kid made $60 million in 18 months", will leave the magazine for a year to work on her book about Web 2.0, she said in an e-mail.

Also, a separate source says Lacy definitely took six figures (probably $100-200k, says the source) for the book.

Finally, someone at BusinessWeek mentioned that the bubblicious article was Lacy's first cover story, theorizing that she got it thanks to co-writer Jessi Hempel, a more seasoned writer with some covers under her belt.

Granted, Jessi...

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Deja Vu 2.0

Tags: Digg + BusinessWeek + Kevin Rose

Kevom
Posted by Kevom 2 years 4 months ago; via techdirt.com/articles/200...

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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