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It makes sense the more that I think about it. Rose has said on his podcast and in other interviews that he regrets that Digg raised so much money. They had to
by kacy 15y ago
It makes sense the more that I think about it. Rose has said on his podcast and in other interviews that he regrets that Digg raised so much money. They had to focus on revenue instead of building the product. I'm sure he's a little disappointed at Milk's success thus far too.
I guess he's possibly thinking that this will give him the opportunity build a huge product that he's always wanted without having to focus on the business side. If google is funding it, he doesn't have to work on raising money or increasing revenue. He'll also have hundreds of employees that can be thrown at his project.
I'll be interested to see what he's up to.
- nikcub 15y agoTumblr and Twitter have both raised a lot of money and haven't had to focus on revenue. It is more about who your investors are rather than how much you raise. The 'focus on revenue' part of later Digg is what killed it.
- javery 15y agoGoogle doesn't have a good success based on this model though - look at Google Wave which was built under a similar premise.