Reddit has largely supplanted Digg as the go-to watering hole for social new, avoiding the sort of sudden moves that could have spooked its users. Its growth trajectory has been strong, but Scorcini believes it will soon hit a ceiling. “As successful as Reddit has been in the wake of Digg’s downfall, it’s kind of a dinosaur,” he says. “They’ll be superseded by the larger social networks, like Facebook and Twitter.” Still, as Matt Drudge can tell you, even a dinosaur can hang around for a long time as long as it knows its niche.
Saturday, July 14, 2012
"The Lessons For Facebook, Twitter And Reddit In Digg's Demise."
"If one virtual community can go from being worth almost $164 million to getting sold for parts in just a few years, why not another one?"
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