Digg misses the Silicon Valley lotto

M&A fees to lawyers were likely more than the $500,000 paid for Digg. It turned down $200 million from Google four years ago. Anyone remember the 2006 Business Week cover that featured Digg founder Kevin Rose with his 2 thumbs up and the banner headline "How this Kid Made $60 million in 18 months" Silicon Valley lottery
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How much fraud beyond Peregine to be discovered?

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JP Morgan and transparency a bad fit