Digg hires a bank, lusting to sell for $300 million or more
Eric Eldon on Venturebeat talks about the swirling rumors about Digg and how it has hired a bank to help it finalize the deal it finally wants - to sell for $300 Million or more (first from Valleywag). Kevin Rose has of course declined to comment on any talk about acquisitions. (read full story at: venturebeat.com)
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kevin rose digg eric eldon venturebeat valleywag
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Digg hires a bank, lusting to sell for $300 million or more
Eric Eldon on Venturebeat talks about the swirling rumors about Digg and how it has hired a bank to help it finalize the deal it finally wants - to sell for $300 Million or more (first from Valleywag). Kevin Rose has of course declined to comment on any talk about acquisitions. (read full story at: venturebeat.com)
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No startup will comment on acquisition activity.
If Digg holds out, they could be more than $300 million. They are doing very very well, but the investors may be getting impatient for returns and want to cash out.