Submit your breaking news stories and original articles to us by contacting us
The new Slashdot, Digg, has apparently racked up $2.8 Million in Venture Capital by a few firms, including Omidyar Network, the outfit led by eBay co-founder Pierre Omidyar, Netscape co-founder Marc Andreessen, and Greylock partners.
No word on what Digg plans to do with the funding.
Category: News
9 Responses for "Digg Gets Funded"
October 28th, 2005 at 3:42 pm
1What’s up with all these rounds of funding? Why the hell does Digg need $2.8 million? All they need is a simple dedicated server, and I doubt their hosting costs are more than $500 a month.
Also, how will Digg get revenue? What warrants this investment?
October 28th, 2005 at 3:46 pm
2A simple dedicated server? They get 500,000 visitors a day :)
October 28th, 2005 at 3:46 pm
3Well, my comment about their hosting costs are completely wrong (they require some serious hardware), but still… $2.8 million?
October 29th, 2005 at 5:01 am
4I’m pretty sure they’ll have no trouble finding out what to do with that money ;)
November 1st, 2005 at 5:12 pm
5More beer for Kevin.
November 2nd, 2005 at 1:03 pm
6hmm, publicly moderated community based website gets a couple million from a few big businesses. i don’t use digg very much, but that kinda makes me paranoid
November 4th, 2005 at 10:48 am
7how do I reach the owners of digg? I would like to advertise on their site. Their emails bounce back and there is no phone number.
david schwartz
biz dev manager/media buyer
contextweb
917-408-6308
November 20th, 2005 at 1:53 pm
8Well, I see how the investment will payoff now. Thanks comment above.
December 18th, 2006 at 7:43 am
9Really nice and interesting website. Thank you a lot!
[url=][/url]
RSS feed for comments on this post
Leave a reply