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	<title>mathewingram.com/work &#187; sale</title>
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	<link>http://www.mathewingram.com/work</link>
	<description>... at the intersection of media, technology, business and the web</description>
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		<title>mesh09 tickets are now on sale</title>
		<link>http://www.mathewingram.com/work/2008/11/18/mesh09-tickets-are-now-on-sale/</link>
		<comments>http://www.mathewingram.com/work/2008/11/18/mesh09-tickets-are-now-on-sale/#comments</comments>
		<pubDate>Wed, 19 Nov 2008 03:26:43 +0000</pubDate>
		<dc:creator>Mathew</dc:creator>
				<category><![CDATA[mesh]]></category>
		<category><![CDATA[mesh09]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[tickets]]></category>

		<guid isPermaLink="false">http://www.mathewingram.com/work/?p=3612</guid>
		<description><![CDATA[As my mesh conference colleague Mark Evans has already pointed out on his own blog and at the mesh blog, we are trying to get a jump on things a little this year (or rather, next year) by putting mesh &#8217;09 tickets on sale a little earlier. Every year we&#8217;ve had people say that they [...]]]></description>
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<p>As my mesh conference colleague Mark Evans has already pointed out <a href="http://www.markevanstech.com/2008/11/18/mesh-09-now-on-sale/">on his own blog</a> and at the <a href="http://www.meshconference.com/blog/2008/11/18/mesh-09-on-sale/">mesh blog</a>, we are trying to get a jump on things a little this year (or rather, next year) by putting mesh &#8217;09 tickets <a href="https://www.inviteright.com/E19417CB">on sale</a> a little earlier. Every year we&#8217;ve had people say that they didn&#8217;t have enough time to get it into their calendars or to get approval or whatever, so this time we&#8217;re giving everyone lots of advance notice :-) The dates are April 7th and 8th. We&#8217;ll be announcing some of the keynotes and other content soon, and we&#8217;re also launching <a href="http://www.meshjobs.com/">meshjobs</a>, a mesh-based job site where you can list open positions your company might have and take advantage of some of the awesome talent that&#8217;s out there in the mesh-o-sphere. We&#8217;re having meshU again this year as well, the day before mesh proper, so if you know any developers or technical Web types, let them know that it&#8217;s coming, and that tickets for this one-day event should be on sale soon.</p>
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		<title>Who will buy Digg? Anyone? Google?</title>
		<link>http://www.mathewingram.com/work/2007/12/17/who-will-buy-digg-anyone-google/</link>
		<comments>http://www.mathewingram.com/work/2007/12/17/who-will-buy-digg-anyone-google/#comments</comments>
		<pubDate>Mon, 17 Dec 2007 23:12:16 +0000</pubDate>
		<dc:creator>Mathew</dc:creator>
				<category><![CDATA[Digg]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Social networks]]></category>
		<category><![CDATA[sale]]></category>

		<guid isPermaLink="false">http://www.mathewingram.com/work/2007/12/17/who-will-buy-digg-anyone-google/</guid>
		<description><![CDATA[The Digg-sale plot continues to thicken. First there were rumours that Digg was for sale &#8212; asking price $300-million &#8212; and then there were reports that co-founder Jay Adelson had gone to the Allen &#038; Co. venture fund party, where those who want to mingle with those who want to sell. And now, Eric Eldon [...]]]></description>
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<p>The Digg-sale plot continues to thicken. First there were rumours that Digg was for sale &#8212; asking price $300-million &#8212; and then there were reports that co-founder Jay Adelson had gone to the Allen &#038; Co. venture fund party, where those who want to mingle with those who want to sell. And now, Eric Eldon at Venture Beat says he <a href="http://venturebeat.com/2007/12/17/source-digg-hires-bank-hoping-to-sell-for-300-million-or-more/">has it confirmed</a> from a highly-placed source that Digg is for sale and Allen &#038; Co. is handling the deal.</p>
<p>It&#8217;s not at all surprising that Digg wants to sell. But is $300-million a realistic price? In a world where less than 2 per cent of Facebook sells for $240-million, maybe it is. But to whom? One theory (which I <a href="http://www.mathewingram.com/work/2007/11/07/300-million-i-could-digg-that/">wrote about</a> the last time this came up) is that an existing media entity like News Corp. might want to buy it, for the same reason that the New York Times bought <a href="http://BlogRunner.com" title="http://BlogRunner.com" target="_blank">BlogRunner.com</a> &#8212; which has now been integrated into its technology page &#8212; and Conde Nast bought <a href="http://Reddit.com" title="http://Reddit.com" target="_blank">Reddit.com</a>.</p>
<p>I know this will probably expose me to widespread ridicule, but I could even see Google being interested in Digg. There&#8217;s no question that Google is getting more social, as recent developments &#8212; such as the ability to <a href="http://googlesystem.blogspot.com/2007/12/google-reader-shows-shared-items-from.html">share Google Reader items</a> with friends &#8212; indicate. But much of what Google has tried in that area hasn&#8217;t gained much traction. Why not make Digg the foundation of further social networking from within the company? I don&#8217;t think it&#8217;s outside the realm of possibility at all.</p>
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		<title>$300-million? I could Digg that</title>
		<link>http://www.mathewingram.com/work/2007/11/07/300-million-i-could-digg-that/</link>
		<comments>http://www.mathewingram.com/work/2007/11/07/300-million-i-could-digg-that/#comments</comments>
		<pubDate>Thu, 08 Nov 2007 03:42:12 +0000</pubDate>
		<dc:creator>Mathew</dc:creator>
				<category><![CDATA[Digg]]></category>
		<category><![CDATA[Social networks]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[sale]]></category>

		<guid isPermaLink="false">http://www.mathewingram.com/work/2007/11/07/300-million-i-could-digg-that/</guid>
		<description><![CDATA[A great rumour from Valleywag, and one that actually makes some sense to me: Owen Thomas says he has heard that Digg is close to a deal to be acquired for about $300-million, but not by Google or Yahoo or one of the usual Web suspects &#8212; by a traditional media entity like the New [...]]]></description>
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<p>A great rumour from Valleywag, and one that actually makes some sense to me: Owen Thomas says he has heard that Digg is <a href="http://http://valleywag.com/tech/rumormonger/digg-close-to-a-300-million-sale-320145.php">close to a deal</a> to be acquired for about $300-million, but not by Google or Yahoo or one of the usual Web suspects &#8212; by a traditional media entity like the New York Times or the Washington Post. Implausible? I&#8217;m not so sure (Mike Arrington wishes Digg would <a href="http://www.techcrunch.com/2007/11/07/just-sell-digg-already-jay/">just sell itself already</a>).</p>
<p><img class="left" src='http://www.mathewingram.com/work/wp-content/uploads/kevin rose.jpg' alt='kevin rose.jpg' />As Owen notes, Digg recently signed a multi-year <a href="http://blog.digg.com/?p=89">advertising deal</a> with Microsoft for $100-million, and is likely worth close to $300-million on that basis alone (albeit at pretty nosebleed multiples of revenue, but hey &#8212; it&#8217;s no Facebook). But probably not to Google or Yahoo. How much traffic does it drive to those sites? Little or nothing.</p>
<p>To the New York Times or the Post, however, Digg could make a lot of sense. Maybe not $300-million worth of sense, you might argue &#8212; but still a lot. To a large number of younger, Web-savvy users, Digg is their front page. And yes, it&#8217;s still largely focused on technology, but so what? The NYT has already shown that it&#8217;s <a href="http://www.techcrunch.com/2007/11/01/the-new-york-times-blogrunner%E2%80%94a-techmeme-killer/">willing to get more</a> &#8220;social media&#8221;-friendly with its BlogRunner purchase and integration.</p>
<p>As a commenter on the Valleywag post notes, Digg competitor Reddit was <a href="http://www.techcrunch.com/2006/10/31/breaking-news-conde-nastwired-acquires-reddit/">bought by Conde Nast</a> last year and it has apparently continued to thrive &#8212; in fact, it drives several times more traffic to my blog than Digg does. Meanwhile, Allen Stern over at Centernetworks has <a href="http://www.centernetworks.com/digg-forthcoming-sale">some theories</a> about why Digg might be ready to sell.</p>
<p>According to Compete, traffic at Digg has skyrocketed <a href="http://blog.compete.com/2007/11/08/at-300-million-a-digg-unique-visitor-is-worth-1630/">over the past year</a> &#8212; to 18 million uniques a month from 3 million, to 51 million vists from 4 million, and to 200 million pageviews from 10 million. Not bad.</p>
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		<title>Facebook to Yahoo: Please (don&#8217;t) buy us</title>
		<link>http://www.mathewingram.com/work/2006/12/16/facebook-to-yahoo-please-dont-buy-us/</link>
		<comments>http://www.mathewingram.com/work/2006/12/16/facebook-to-yahoo-please-dont-buy-us/#comments</comments>
		<pubDate>Sat, 16 Dec 2006 16:11:36 +0000</pubDate>
		<dc:creator>Mathew</dc:creator>
				<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Social networks]]></category>
		<category><![CDATA[Web2.0]]></category>
		<category><![CDATA[Yahoo]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[social+networking]]></category>

		<guid isPermaLink="false">http://www.mathewingram.com/work/2006/12/16/facebook-to-yahoo-please-dont-buy-us/</guid>
		<description><![CDATA[Did Peter Thiel have to practice in a mirror saying that Facebook is worth $8-billion, so that he didn&#8217;t smirk at the wrong time, or worse yet, burst out laughing? I wonder. The venture capitalist and former PayPal founder certainly seems to have pulled it off, since he got Bloomberg to publish that number with [...]]]></description>
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<p>Did Peter Thiel have to practice in a mirror saying that Facebook is worth $8-billion, so that he didn&#8217;t smirk at the wrong time, or worse yet, burst out laughing? I wonder. The venture capitalist and former PayPal founder certainly seems to have pulled it off, since he <a href="http://www.bloomberg.com/apps/news?pid=20601204&#038;sid=aqwoCAVu._zA">got Bloomberg</a> to publish that number with a straight face. Rupert Murdoch is going to kick himself for only saying MySpace is worth $6-billion.</p>
<p>As Mike Arrington has <a href="http://www.techcrunch.com/2006/12/16/like-youtube-facebook-isnt-for-sale/">noted at</a> TechCrunch, and Carlo has likewise <a href="http://techdirt.com/articles/20061215/144811.shtml">pointed out</a> over at Techdirt, this is exactly the kind of thing that companies say when they are looking to be acquired. Call it a combination of playing hard to get and fluffing up your feathers so that you become more attractive to the other birds. A kind of mating ritual.</p>
<p><center><img id="image839" src="http://www.mathewingram.com/work/wp-content/uploads/2006/12/forsale.gif" alt="forsale.gif" /></center></p>
<p>Could Facebook actually be worth $8-billion? It all depends on your math. There&#8217;s no way in a million years that Yahoo (or anyone else, for that matter) is going to pay $8-billion in cash money for it &#8212; but will they pay a billion or $2-billion and then claim that they got $8-billion in value from it, as Rupert and his minions continually claim about MySpace? That&#8217;s got a better chance of happening.</p>
<p>As for the talk of Facebook doing an IPO, that is likely also posturing. If they actually try to do one, it will only prove &#8212; as <a href="http://www.businessweek.com/investing/insights/blog/archives/2006/02/vonage_ipo_fili.html">Vonage&#8217;s IPO did</a> &#8212; that their backers are nervous and want to get out as soon as possible.</p>
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