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March 19, 2011 08:30 pm GMT
Startups in Silicon Valley are like old generals. They don't die anymore, buoyed on life-rafts of lingering venture capital and modest revenues. They just fade away, eventually purchased for assets that are a shadow of their former promise. It's pretty clear that Digg is on that path. The company isn't dead, but it's been fading away for a while, and its soul is all but gone. The company can spin it however it wants-- the final nail in the coffin is news that founder Kevin Rose-- long Digg's greatest asset-- is leaving.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/V8FcxneLLHA/
RIP Digg.
Startups in Silicon Valley are like old generals. They don't die anymore, buoyed on life-rafts of lingering venture capital and modest revenues. They just fade away, eventually purchased for assets that are a shadow of their former promise. It's pretty clear that Digg is on that path. The company isn't dead, but it's been fading away for a while, and its soul is all but gone. The company can spin it however it wants-- the final nail in the coffin is news that founder Kevin Rose-- long Digg's greatest asset-- is leaving.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/V8FcxneLLHA/
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