Digg is now on sale. you can have it for only $300 millions You can read about the rumor here venturebeat, valleywag, and at Techcrunch where all the rumors started There is also an interesting article written by DailyBlogTips.

Much of the discussion on the Internet right now is about the price tag: $300 million. Some say it’s too much, others say it’s fair. Honestly I don’t think that is the most important point. The question that strikes me is: why would Kevin Rose and his crew want to sell Digg in the first place?

People sell companies mostly for two reasons: they need the money to invest in some other project, or they think the ship is sinking and want to cash in before it’s too late. Digg recently sealed a wealthy contract with Microsoft, and sister company Revision3 is growing quite well, which leads me to think that the second option might be the right one.

Learning from what the owners of Digg did, I really need money to start my another -i think is- brilliant project now, do you think I should sell this site to make way for it?

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