What does Digg use Venture Capital For?
Posted by admin on 31 Dec 2008 6:05 pm. Filed under Other - Internet.
Fredereck T
What does Digg use all the Venture Capital they get for? And who in there right mind would fund Digg anyone, no one wants to buy them?
RoadHunt great point
What does Digg use all the Venture Capital they get for? And who in there right mind would fund Digg anyone, no one wants to buy them?
RoadHunt great point
2 Comments to “What does Digg use Venture Capital For?”
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On December 31st, 2008 at 10:20 pm
They use it to pay employees, rent their office space, and buy nice furniture, and advertise. If venture capitalists are still funding them, it’s because they think Digg is going to make their investment back. I can’t see why anyone would use Digg, but I also can’t understand anyone using Myspace or Facebook.
On January 3rd, 2009 at 4:04 pm
They uses it for varies of things such as what the person has listed above me. They also use it to pay themselves and hire for software developers and numerous of other things. But they must have a great idea and investment if they keep getting Venture Capital…