Tag: Jay Adelson
A reliable source just confirmed the company’s plans, noting the company has hired Allen & Company, a tiny but influential private investment firm, to help broker a deal. The asking price is still $300 million, the source said.
This will come as no surprise. Rumors of a sale have been rampant for months, although until now we hear co-founder Jay Adelson has been trying to muster up interest in a sale. This is the first time Digg has hired a bank to shop the deal.
It was Tuesday, 1:22 a.m. on the West Coast, and influential news recommendation site Digg was hopping. A new story about a blog dedicated to showing photographs of crowds had just gotten enough diggs to make the "popular" list on the tech/design page, and several people were commenting on it.
"How the hell did this get to the front page?" Pawperso wondered.
I can tell you exactly how a pointless blog full of poorly written, incoherent commentary made it to the front page on Digg. I paid people to do it. What's more, my bought votes...
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Om Malik writes about Digg's downtime: Yesterday’s nice facelift and video enhancements brought down Digg earlier this morning, taking it out for nearly two hours. That is a first for Digg, which has worked hard to maintain uptime. Given CEO Jay Adelson’s data center industry roots (and connections), it is hard to imagine him not being obsessed with uptime. I guess, all the buzz got to them.
Michele Steele at Forbes Video Network interviewed Digg CEO Jay Adelson to discuss site usage and acquisition rumors.
Erick Schonfeld asked Jay Adelson if the rummor was true.
While he would not comment specifically on the rumor, he did say that ever since Google bought YouTube everybody has been speaking with everybody. I then asked him under what circumstances would he sell Digg to a larger entity. He said he would only consider it if he believed that a larger company could do more to democratize media than Digg could on its own.
Afterwards, at the party Adelson was seen having some exasperated words with Michael Arrington, who was heard to respond:...
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Kevin Rose (President)and Jay Adelson (CEO) describe Digg and Diggnation for the masses on MSNBC.
http://www.youtube.com/...db58cPLlp8
This phrase, first coined by star wide receiver Rod Tidwell in the movie Jerry Maguire (and oft-repeated by goofy bastards in shiny suits all over the world), must be on the tip of Digg CEO Jay Adelson's tongue. Community-filtered tech news site Digg, certainly one of the hottest web properties going right now, has yet to capitalize on their phenomenal growth and loyal userbase. With ad sales represented by John Battelle's Federated Media, Digg are finding themselves more often than not forced to fall back on Google's Adsense program to...
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Last night Jay left some comments in Digg stories to respond to the way some of the Digg users are being treated.
http://digg.com/tech_ne...s#c2985154
"The mistake we made was not being clearer that we were not associating the algorithm change with the top submitters. These guys are hard working, honest contributors to digg and are being unfairly scapegoated.
Please stop with the targeted burying... Digg what you like, bury what you don't. We'll take care of the...
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Here is a condensed version, according Kevin Rose & Jay Adelson, of the core elements used in determining the ranking for a story on digg.
Digg Scoring Elements
1.) Not a set number of diggs in order for a story to be promoted.
2.) Brand new users are like automatic penalties in the search engines (sandbox effect).
3.) Buries are often overlooked but are key to their ranking
3a.) Buries are not boolean in value. Digg looks at...
- Number of people that buried it before it was promoted
- What is the audience like (history,...
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