• In Brief

    The big Digg

    Thumb140X140 301635825 18D78286Ae O-1So, time to take linkdump Digg off the flipmeat list. Despite approaches by media companies such as News Corporation, moptop heartthrob founder has pretty consistently hewed to the rhetoric of independence. Now there's evidence Kevin Rose meant what he said: it's unlikely investors would want to sell before Digg's growth can provide them with a return on their latest investment, announced today; and Kevin Rose would not accede to further dilution if an acquisition was really imminent. One mystery: Greylock investor David Sze told Venture Beat that Digg's management tapped only its existing investors to save time; in the current market, with dumb private equity firms begging to put money into hot startups, a richer round should not have been that difficult to arrange.

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