Saturday, March 19, 2011

FOUNDER KEVIN ROSE RESIGNS FROM DIGG


Multiple sources are saying Kevin Rose, the founder of Digg, has resigned from the social news site. Many had wondered where Kevin had been for a number months as his postings, comments and "digging" of stories has dwindled to almost zero.

Rose first launched Digg in December 2004. The service was an instant hit, and for a long while just all the big players thought about acquiring the company. Things never got so close as they did in mid-2008, when Google took Digg all the way to the altar before walking away at the last minute. Digg would have been sold for some $200 million. Every employee knew about the deal because Google had interviewed them all individually. Credit to then-CEO Jay Adelson for getting everyone back on track after the deal fell apart.

But those were the glory days for Digg. The site faded as newer services like Twitter and Facebook became ubiquitous. Rose and Adelson had a falling out, Rose stopped coming by the office much for months, and one of them had to go. It was Adelson. Rose took over as CEO until they hired Matt Williams last Fall.

Rose stayed on in vague executive role after Williams took over, but it’s been clear that Digg isn’t really top of mind for him anymore.

Rose tweeted that he will "continue advising Digg / on the board of directors, & taping Diggnation (as i have been since [Willaims] joined).”

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