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Its the wrong answer as to why digg was able to raise money. While Kevin's reputation may have led to growth (given that he was a cable tv host at a just purcha
by ojbyrne 16y ago
Its the wrong answer as to why digg was able to raise money. While Kevin's reputation may have led to growth (given that he was a cable tv host at a just purchased network that was going through multiple rounds of layoffs, I would find that suspect), the real reason was traction. Growth was crazy.
- jasonlbaptiste 16y agoAgreed. It was meant to be one of many reasons Digg raised money with "Intense Growth" being the main one. I feel the reputation was exactly what you said: what lead to growth /started the fire.
- ojbyrne 16y agoActually upon further thought, you're sort of right, but you got the wrong person. Jay Adelson had already produced a big exit, and his reputation was probably key in raising money.
- jasonlbaptiste 16y agoTo sum up Digg: Jay brought: great track record with equinix and strong reputation amongst investor community. Kevin brought: strong reputation in the tech community that lead to intense growth.
- ojbyrne 16y agoI somewhat disagree with the Kevin's "strong reputation" - he had an audience for sure, but I think his reputation wasn't wholly positive. He'd done startup type things before that went nowhere.
- ojbyrne 16y agoActually this brings me to the one thing you left out - "luck." The Paris Hilton cell phone incident was an external event that made a huge difference.