Digg CEO Jay Adelson told BusinessWeek that the company is not planning a 2008 IPO, holding acquisition talks, or looking for more money. Which is obviously bullshit. That is, unless Digg hire Allen & Company, an investment bank which specializes in media deals, to bolster its ultimate frisbee team.

Emerging briefly from the heaping pile, Adelson did admit that an acquisition would be easier for a company Digg’s size than going public. But mostly Adelson was just being cagey. Just like he was a couple of months ago when I saw him in New York. “Why all the Digg coverage? Isn’t Digg old news?” he asked me. Why all the complaints, Jay? Getting bored of running Digg?

Source:Valleywag

Architectural Digest profiled the Hawaiian home of a Silicon Valley mogul in its November issue. A reader fingers Rick Fluegel, a former general partner with Matrix Partners.

The evidence is a little shaky. In its article, our reader targets a Silicon Valley figure because AD calls Hawaii the “the Hamptons of the Silicon Valley (instead of potato fields, there’s lava).” From there, it was a matter of a Google search for the architect’s firm, “Hill Glazier Architects.” That turned up a building permit for a $3.7 million home listing both Fluegel and Hill Glazier, a Palo Alto firm.

So there you have it. Another key detail: the lady of the household is Puerto-Rican born, according to the home’s interior designer. Anyone know if Fluegel’s wife fits that description? Not that it matters. Whoever owns the house joins the likes of Salesforce.com CEO Marc Benioff, retired Hewlett-Packard CFO Bob Wayman, and former HP chairwoman Patricia Dunn. If Hawaii is the Hamptons of Silicon Valley, the point isn’t who owns this house. It’s that you don’t.