Re:Google Walks Away From Digg Deal
by ojbyrne on Saturday July 26, 2008 @09:52AM
(#257531)
My personal opinion is that given that they have roughly the same traffic levels with 60+ people that they had with 10 people, and are somewhat close to breakeven, is that it's time for layoffs, not another round of financing.
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Owen, you built it - don't you have some pull still. You have the right idea, layoff the excess to get cash flow positive.
My 2 cents - quit trying to be something to everyone - because those of us who visited in the early years left long ago.
btw it's Merrick - had lunch with you at Pubcon in '06
Very little pull. Reason #400 why I left - basically because I felt that whenever I suggested a good idea, it was shot down just because I was the source.
Re:Google Walks Away From Digg Deal
by falsestprophet on Sunday July 27, 2008 @01:05PM
(#258274)
Did you get any equity?
Obviously, or I wouldn't be so eager to see them sell, but equity without liquidity is useless. Digg management has already demonstrated their willingness to treat my shares differently from the other founder's shares (see my comment above about Kevin cashing in shares).
Re:Google Walks Away From Digg Deal
by iamelgringo on Saturday July 26, 2008 @12:51PM
(#257616)
Owen: NOOOOOOooooooo!!!
It was so close to getting you that lovely vacation to Tahiti you so richly deserve. Sorry, dude. We're still rooting for ya, though.
As it turns out I have a nice high paying job for a well known travel website and get employee discounts ;-). So while extended vacations are out, Tahiti might not be.