Business Week, Kevin Rose, and ‘Fuzzy Math’
Scott Rosenberg, editor and co-founder of Salon and Jason from 37signals both weigh in on BusinessWeek’s cover proclaiming Kevin Rose to have made $60 million dollars in 18 months.
The BusinessWeek article is here.
The rebuttals to the article are here:
The point that both bloggers are trying to make is that the $60 million dollar figure is fictional. The company is allegedly only breaking even.
I personally like Digg.com, and think that Kevin Rose has done the internet a great favor by creating it. It is essentially another means to finding relevant information in the Long Tail. A post-filter of sorts. The problem as I see it is with BusinessWeek’s reporting.