Tag: Kevin Rose
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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Up until now, Revision3 was a side project for the group, but now it's turning into a full-fledged, venture backed outfit with new offices and a staff of ad salespeople. Will this change the geeky, goofy content that has marked the company's shows such as "Diggnation" and "Cntrl + Alt + Chicken"? Mr. Rose, swigging a beer, said, no way: "We don't have to be all things to all people... It's about creating niche content for techies."
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This week there's been turmoil in the Digg world, as the Digg developers strive to reduce the influence of the top users - in other words make the system fairer. As Kevin Rose recently wrote, their aim is that "a more diverse pool of individuals will be need to deem the story homepage-worthy".
However this has caused an uproar amongst Digg's top users, who feel they have been accused of gaming. Apparently most of Digg's top 20-30 users have refused to contribute or digg stories since the uproar happened. Or if they have dugg stories,...
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Kevin Rose's response to complaints about users gaming digg:
Kevin Rose:
"Today we read a couple blog posts that highlight users digging each others stories. This is something we encourage through our friends features and will continue to expand as digg evolves. It is our goal to create a platform in which you can share and promote news that is important to you. What is changing however is how we are handling story promotion. While we don't disclose exactly how story promotion works (to prevent gaming the system), I can say that a key...
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"A while ago our trademark attorney approached us and was concerned we could loose the name 'digg'. I had no idea this was possible as we had already filed for the trademark. Apparently if you don't enforce the TM (meaning not let other sites use it), we run the chance of loosing it... which would suck. The last thing we want is to loose our name.
So what to do...
We don't want to shut anyone down (not even the clone sites), all we ask is that you avoid using the name 'digg' in your website names/domains. We're looking to see if we have...
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The letter demands that Misbach immediately stop using the trademarked name Digg on his site DiggGames.com (ad-supported). Misbach used that site to highlight flash games he found on the front page of Digg and says he thought he was only fueling Digg’s popularity.
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Speaking at the Building Blocks conference in San Jose today, Digg founder and chief architect Kevin Rose described his site as a "crazy madhouse of news flying around, 100 percent user powered." The Digg madhouse isn't yet a crazy quilt of ads aimed at increasing revenue, he noted when asked about getting to profitability.
"We could slap on lots of ads, and we could be profitable tomorrow," Rose said. He added that Digg is going to taking its time, guarding the user experience, keeping it fresh and light. Rose singled out new social...
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Posted by
ToPo 1 year 9 months ago
According to several sources this was 'the other cover'
Which do you think will sell more?
Me too 
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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Digg is now the 24th-most popular Web site in the U.S., according to industry tracker Alexa.com. More than 1 million people flock to Digg daily, reading, submitting, or "digging" some 4,000 stories.
A rumored $40 million offer from Yahoo surfaced in January, which Yahoo denied. Two weeks before the Digg.3 release, AOL launched a rival under the old Netscape brand. It was headed up by Jason M. Calcanis, who early on offered Rose an investment in Digg and an option to buy it for $5 million.
So far, Digg is breaking even on an estimated $3...
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