So Digg just raised $28 million in venture capital.

I’m not really sure what the heck they’re going to do with that… I mean, Digg is basically a web site with a database and a comment system where tens of thousands of people go to discuss interesting news items. The hosting and bandwidth bills are probably pretty steep, and of course you’d need a staff (half a dozen?) of server administrators, but beyond that it’s kind of nebulous what $28 million would do.

I guess I’ve been running on a shoestring budget far too long. I’m going to see if I can raise a few mil in venture capital to keep boomflag.com running.