Comments on: Digg Revenue Tripled, But “Not Profitable Yet”

By: Virtual Worlds For Kids

Virtual Worlds For Kids — Fri, 25 Jun 2010 15:32:24 +0000

I think Digg might be profitable by now. Its funny that they try to build something huge and try to make money later. But they spend all their time innovating that they never turn the corner.

By: Forex Robot Reviews

Forex Robot Reviews — Thu, 24 Jun 2010 14:14:02 +0000

It seems that they are not worried about profits for now because with this amount of traffic is just a matter of time to start to make profits

By: Mark

Mark — Fri, 23 Apr 2010 05:56:25 +0000

Kevin Rose and the employees are just burning the investors money, they don’t care.

By: Goran | Web Marketing

Goran | Web Marketing — Wed, 02 Sep 2009 16:25:07 +0000

It does seem like Digg is carrying more than just a fair amount of bloat, and maybe going on a bit of a diet will aid its quest to attain profitability. The thing is that cutting loyal staff should be the last resort in trying to achieve dollar goals.

By: socialmojo

socialmojo — Mon, 03 Aug 2009 03:52:47 +0000

Well I know this issue is being addressed because I found some digg guys working with some open source projects that use xml to help “profile” users and interests. But I think a Rose and others could influence their userbase to click on their ads through Revision 3 ala Diggnation etc.

By: socialmojo

socialmojo — Mon, 03 Aug 2009 03:47:54 +0000

I totally agree with the article and the above comment. I mean they could simply throw up some amazon affiliate links and increase revenue. I think the problem might lay in Revision 3, Wefollow, and the ill fated leah culver app that was bought by vox. I think too many hands are in the cookie jar. As well as too many roosters in the hen house. Wefollow should be integrated into Digg as well as Rev3. But hindsight is 20/20 and I have no CLUE as to what is going on behind the scenes with the VC’s and such. I think Digg is trying to go independent now but hopes of an easy sale to move on to other projects like Revision 3 and Wefollow has hindered the effective leadership of the site.

By: Adam

Adam — Fri, 07 Nov 2008 01:26:53 +0000

In terms of CPM could it be that Digg users are more ad blind than most and they can’t even get $1 CPM?

By: Alex Ion

Alex Ion — Mon, 03 Nov 2008 23:28:03 +0000

I definitely love the approach on that one. You’re right on track, and i second you when you say that something is “fishy” in there. Digg sees the iceberg … They’ll either hit it like the Titanic, or if they acknowledge, they’ll only scratch their body a little bit, but still some bads will happen.

By: Scott

Scott — Mon, 03 Nov 2008 01:55:58 +0000

Yeah, and at the end of the day, the VC’s all pile into the driver’s seat, displace the founders, and proceed to run a fantastic cash-cow of an Internet advertising business into the ground as a traditional expenses-sink-hole with big inefficiencies all the while trying to convince everyone to sell out at the earliest convenience rather than to simply run a profitable business over the long term and voila, that’s Digg.

VC’s want to build a business quickly to get bought. Period. It’s much easier to get bought than to go public and VC’s need an exit. So, they pour money into it, make it really big really fast with a huge growth curve of traffic and revenue so they can tout those big growth numbers, and then they prey that the business will get bought for a premium before the market changes or their growth curve starts sagging and making their business less attractive.

I think that’s idiotic. Businesses should add value and should cost less to run than they earn in revenues. Otherwise, it isn’t a business, it’s a charity or a money making get rich quick scheme.

By: haruyoshi

haruyoshi — Sat, 01 Nov 2008 17:30:48 +0000

Digg is good but seems difficult to earn,