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Anyone want to guess at the valuation? Betaworks didn't spend much on Digg, wonder how deep their pockets are.
by nsxwolf 14y ago
Anyone want to guess at the valuation? Betaworks didn't spend much on Digg, wonder how deep their pockets are.
- niggler 14y agoDigg was a brand acquisition (just for the name); Betaworks wasn't interested in the tech
- twog 14y agoFrom what I can tell, thats basically what Betaworks are buying from Instapaper as well. Its not "technically challenging".
- kmfrk 14y agoOne way to look at it is that the money people paid for Instagram has already gone to Marco. What he's "selling" are potential future customers, subscriber fees, and ads. I don't know what the curve on user adoption looks like, but it seems like a smart choice from a financial point of view. It'll be interesting how this fits into the upcoming Digg RSS reader.
- smackfu 14y agoI wouldn't be surprised if Instapaper has a free version again very soon.