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Digg's Miserable Business

TechBlog found this 12/20/2008 on alleyinsider.com

BusinessWeek got ahold of social news site Digg's financials. For a site that gets as much traffic as Digg.com does -- 22.6 million monthly uniques, according to Quantcast -- the numbers are gruesome: Last year the company lost $2.8 million on $4.8 million of revenue In the first three ...