KMR -
27.02.10 00:22
Money maker, in a big way. By listening to their community and building ads that they would react well to, Digg has grown Digg ads since its birth to some 30% of their revenue. And the best part, according to the company they were EBITDA profitable in 2009.
Of course (assuming you are not overly familiar with the annals corporate finance), this means that Digg still probably lost money in the year due to capital outlays. However, aside from buying new servers, the company is profitable.
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Digg Is Profitable? Pigs Flying? – A Social Media Story
