Comparing Digg, Facebook, and Twitter (via Royal Pingdom)

Comparing Digg, Facebook, and Twitter (via Royal Pingdom)

#tech #digg #traffic

"If the yardstick of success is making money for the founders, employees and the investors, then Digg will go down in the annals of web history as a colossal failure. However, if your yardstick of success is defined by a company or a product being a change agent and an instigator, then Digg was a smashing success. It is maybe a failed new-media company, but it is also a pioneer that changed the media landscape not by creating anything, but instead by putting the people in charge of what was media."

- Om Malik | In Memoriam: Even in losing, how Digg won 

#tech #digg #startups

"There is one clear lesson from Digg’s sale: the technology that powered a once-massive social network is worth about $500,000. All the rest of the value derives from the people that use it. Though scaling is tough, any developer in the world can build some profiles and let people connect up. It’s an act of genius — or an act of God, by which I mean luck — to design a site constitution that makes people want to build their online lives at your URL (or in your app). Social networking companies are not technology companies as much as they are community companies."

- The Big Digg Lesson: A Social Network Is Worth Precisely as Much as Its Community

#tech #digg

#tech #digg #news #media

Careful, Twitter — remember what happened to MySpace and Digg

Restricting the ways that users can access and display their tweets, whether through strict API rules or moves like the LinkedIn shutdown, could irritate the user base that Twitter is relying on to click ads and do all the other things it is planning around monetization. Ultimately, the company could ruin the experience that made Twitter so compelling in the first place, in the same way that MySpace and Digg did…

Twitter has a tiger by the tail — it has an active user base in the hundreds of millions, it has become an almost indispensable tool for both news junkies and the media (although this carries risks as well) and it is starting to see some favorable responses to its ad model. But it is also a community, where the users provide the vast majority of the content that is being monetized, and while screwing around with that relationship may appear to make short-term financial sense, it could end in disaster.

#tech #digg #myspace

(via ilovecharts)

(via ilovecharts)

#visualization #data #digg