Digg: Not for Sale
businessweek.com
businessweek.com
Granted, it's been about a year since I last used Digg, but it had really turned into a cesspool of stupid/useless/gamed links. Digg, Reddit, etc. all seem to have passed the apex of their value curves.
But seriously, Digg had a chasm to cross, I don't think HN can go mainstream.
Digg and reddit are companies before all else; their goal is to grow as large as possible.
Artima hasn't "gone digg", I don't see why this site has to.
We need more independent companies and less of the ones that are selling at the first opportunity. I don't want to live in a world where the only chance of success is selling to one of five big companies.
8 months ago, the Tribune company assembled a strike force tasked with figuring out a way to game digg to get their content out there. How many other startups are changing how people in other businesses hire and operate like that?
They may not have figured out how to be self-sustaining, but there's enough people with cash trying to get in with them that they'll find something eventually.
http://venturebeat.com/2008/11/06/why-hasnt-digg-made-any-pr...
Sure there's cost per click ads, affiliate links etc, but display ads are still a big force out there and as long as that's true, then Digg's powerful.
Huffington Post does monster numbers. They're also on the front page of Digg all the time for rewriting other people's reporting. Digg drives a lot of traffic their way, but how many of those people stick around and engage?
I know that a lot of display advertising is based on pageviews, but I don't think there is much of a business model in pageviews.