Digg is a website that allows people to share news (different web content) of their interest with each other. Digging and Burying are two options that people could use to move particular news up and down on Digg. The end product is updated and wide range of lists of content collected by a social network from all over the internet.
Kevin Rose and his colleagues started digg.com as an experiment in 2004 and launched its improved version in 2005 with the help of Silverorange. Digg has more than 230 million users annually. Digg is generating its revenues from advertisements.
Recently in July 2012, digg.com is sold in three different fragments;
- Brand, Website and Technology to Betaworks for $500,000
- Washington Post got 15 employees transferred to Social Code in exchange of $12 million.
- LinkedIn purchased Patent’s law suit of Digg for $4 million.
Kevin Rose’s story is similar to other entrepreneurs like Steve Jobs and Bill Gates. He is a college dropped out of University of Nevada, Las Vegas, where he was studying computer science majors over there. He is an internet entrepreneur and co-founder of Digg, Revision3, Pownce and Milk.
Before entering the business arena he used to work as an assistant producer for Screen Savers and also co-hosted television programs.
If you want to learn more about Digg then just watch the video. It is an exclusive interview of Kevin Rose taken at his office. In this video Kevin talked about several things like;
- How’s Digg Got Started?
- What Technological Advancements Have Been Made?
- What Strategies are used by Digg for its Survival?
- Much more to Explore
This is a worth watching video as interviewer went really hard at points on Kevin but he managed to reply him confidently.
Video – Founder Kevin Rose on Digg
(filmed at April 2009 – TechCrunch Interview)