Its a great deal for sure, but I would imagine betaworks is going to have some other expenses associated with Digg and factored that into the negotiations.
True. At the very least $500,000 will cover some of the costs associating with tying up loose ends when legally doing something like this instead of winding it down. May be employment contracts, leases, colo costs etc.
Either way it is a good deal by smell test standard.
Either way it is a good deal by smell test standard.