Back in 2008, social news site Digg was valued at $164 million; now, it’s been sold for the relative pittance of half a million dollars, according to the Wall Street Journal. (AllThingsD has outgoing Digg CEO Matt Williams on record as saying that the deal was much larger and was a combination of cash and equity; still, it's far, far...Source: http://hothardware.com/News/Sold-Social-News-Pioneer-Digg-Sells-for-500000-to-Betaworks/
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