‘Buried: Digg Sells For $500,000 [REPORT]’ – ‘Mashable’

The latest post on ‘Mashable’ is titled “Buried: Digg Sells For $500,000 [REPORT]”.

Christina Warren says, “How the mighty have fallen. The social sharing site Digg has sold for just $500,000 to New York startup incubator Betaworks.

The small selling price just goes to show how quickly fortunes can turn for even the hottest web startups. According to The Wall Street Journal, Digg took more than $45 million from investors since launching in 2004”.

Buried: Digg Sells For $500,000 [REPORT]

Mashable.com