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What Jonah @Peretti, CEO of BuzzFeed, Sees in the Future of Digital Media

Both Sides of the Table

I personally experienced the even more subversive side of DIGG when I learned that groups of people were actually demanding money to get stories on the DIGG homepage and I, the naive believer in online democracy and good intentions of people, learned about the black hat and gray hat monetization of the Internet. Video is the new HTML.”

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