Comments on: $60-million — can you Digg that? http://www.mathewingram.com/work/2006/08/04/60-million-can-you-digg-that/ ... at the intersection of media, technology, business and the web Tue, 04 Oct 2011 13:01:00 +0000 hourly 1 http://wordpress.org/?v=3.1 By: George Tsiolis http://www.mathewingram.com/work/2006/08/04/60-million-can-you-digg-that/comment-page-1/#comment-29706 George Tsiolis Sun, 06 Aug 2006 13:02:59 +0000 http://www.mathewingram.com/work/2006/08/04/60-million-can-you-digg-that/#comment-29706 If the BW article can accomplish anything, I hope it can open discussion as to how web companies are valued once and for all. Personally, I don't think being a web company changes the fact that revenues and profits still come before eyeballs/page views, etc. I like using Digg and will be launching a similar site for the small-cap industry in September - but I believe we can all agree on the fact that it isn't worth anywhere near $200M if it can't turn a profit, nor present a viable plan for doing so in the near future. If not $200M, then what is the number? Would love to see discussion on how we get to a more realistic number for Digg and all web properties. It would provide a basis for better discussions in the future. Best, George If the BW article can accomplish anything, I hope it can open discussion as to how web companies are valued once and for all. Personally, I don’t think being a web company changes the fact that revenues and profits still come before eyeballs/page views, etc.

I like using Digg and will be launching a similar site for the small-cap industry in September – but I believe we can all agree on the fact that it isn’t worth anywhere near $200M if it can’t turn a profit, nor present a viable plan for doing so in the near future.

If not $200M, then what is the number? Would love to see discussion on how we get to a more realistic number for Digg and all web properties. It would provide a basis for better discussions in the future.

Best,
George

]]> By: Mathew Ingram http://www.mathewingram.com/work/2006/08/04/60-million-can-you-digg-that/comment-page-1/#comment-29478 Mathew Ingram Sat, 05 Aug 2006 22:54:15 +0000 http://www.mathewingram.com/work/2006/08/04/60-million-can-you-digg-that/#comment-29478 That was a pretty good one alright, George. You must have read as many of those e-mail stock pitches as I have :-) That was a pretty good one alright, George. You must have read as many of those e-mail stock pitches as I have :-)

]]> By: George Tsiolis http://www.mathewingram.com/work/2006/08/04/60-million-can-you-digg-that/comment-page-1/#comment-29428 George Tsiolis Sat, 05 Aug 2006 20:54:53 +0000 http://www.mathewingram.com/work/2006/08/04/60-million-can-you-digg-that/#comment-29428 Mat, have a look at my post on <a href="http://paul.kedrosky.com/archives/2006/08/04/you_cant_spend.html" rel="nofollow">Kedrosky</a> that Jason replied to as "priceless" Best, George Mat, have a look at my post on Kedrosky that Jason replied to as “priceless”

Best,
George

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