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How do websites like Digg make money?

 
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kamolahy

posts: 54

Mar 29, 2007 9:29 AM ET    Quote  Report Abuse
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It`s not just advertising, is it? I`ve heard in a number of articles that they don`t make all that much from advertising... If they do just make money from advertising, then why is their value supposedly so high?


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Collin Cummings
President, Drop Box, LLC
dropboxmail@gmail.com
nhgnikole

posts: 2660

Mar 29, 2007 9:42 AM ET    Quote  Report Abuse
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Your answer is exactly right here:

Forget Paper Millionaire, Digg Founder`s a Vapormillionaire

Raisecapital02

posts: 301

Mar 29, 2007 11:32 AM ET    Quote  Report Abuse
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Nikole,

As a web developer, if a company like Digg does not buy copyrights from you, do you get a cut from deal like this? How?

Chuck

posts: 340

Mar 30, 2007 10:33 AM ET    Quote  Report Abuse
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One chink in that article`s armor, solely as it relates to MySpace, is that recent reports peg monthly revenue there at upwards of $30M - whether that`s sustainable over the long-term is another thing, but with upwards of $350M in annual revenues, the news corp. purchase doesn`t look quite so questionable.

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chuck fuller
nhgnikole

posts: 2660

Mar 30, 2007 4:27 PM ET    Quote  Report Abuse
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RC02 - I`m not sure what you mean with the copyrights and "getting a cut". Explain?
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