3 ms·
1. (total acquisition) Turn over CEO reins to someone that Mike Maples would pick,and buy Kevin out with acquisition money. 2. Kevin take over as CEO,Layoff 65
by curtisspope 16y ago
1. (total acquisition) Turn over CEO reins to someone that Mike Maples would pick,and buy Kevin out with acquisition money.
2. Kevin take over as CEO,Layoff 65% of staff (which he didnt 10%), which Kevin was in favor of because they were going towards simplified operations,(Jay hated this idea), in agreement he would scale back doing other things and put Digg as his "First Focus", also included was that the board felt as if Kevin should not write some book(s) (not sure about this).
Also Jay hated these 3 ideas
-Acquisition of WeFollow
-Acquisition of Diggnation Assets
-Firing of Jeff (I dunno who this is)
all of this is because they had some itchy investors that felt as though Kevin and Jay didn't have enough skin in the game.