When to sell out
“Sell-out” is not a pretty label but in business timing could be of essence. Case in point: Groupon, Zynga, and Facebook. Zynga seems to be the worst of the bunch right now, but Groupon can easily beat them. Facebook is much more stable but its valuation is not.
The reason I post this is that TechCrunch just published this news: Betaworks Acquires Digg (For Significantly More Than $500K)
Consider that Digg was valued at 100 million in 2006 and Kevin Rose made the cover of Business Week. Now he has a payday of probably 300,000 (before taxes) which is probably half his salary in Google.