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Is DIGG Worth $150 Million?
![]() According to Techcrunch.com, the upstart story ranking service http://www.digg.com, is being offered $150 million by News Corp. If a firm offer isn’t made in the next week or so north of $150 million, look for Digg to close a $5+ million second round of financing later this year, possibly with Greylock Partners. Greylock is already an investor in Digg, leading their $2.8 million Series A round in October 2005 (Omidyar Network and several angel investors also participated in the round).
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Posted by R. Ouellette on 10/30
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