We have a story on our site today about that guy who accomplished a very long space jump. Baumgartner, or something. Apparently this story has made the front page of Digg, and now that front page of Digg is coming in third in referral traffic to that story, on a Sunday, bringing in around 40 unique readers to Facebook’s 100 or so at any given moment according to Chartbeat. → Read More
With 17 million monthly uniques at its disposal, news aggregator Digg, which is attempting to overcome the user exodus caused by its unpopular Version 4 redesign in late August 2010, needs to find a way to keep its usership engaged, and to grow.
It’s solution? The Topic Newsrooms beta, which separates news into top categories like Technology, Entertainment, World News and even topics as… → Read More
The Financial Times yesterday reported on the upcoming IPO of Chinese social network Renren.com:
The strong interest [in Renren's IPO] stems from the fact that there is no major social media or social networking company open to public investment. With a Facebook IPO at least a year off, many investors are keen for a slice of “the Facebook of China”.
The offering is set to price on Tuesday… → Read More
Well by Silicon Valley standards, that certainly wasn’t a long “stealth” period. Just weeks after he quit Digg, Kevin Rose is announcing details of his new startup. Knowing Rose, I can tell why he’s so excited to get started. He’s constructed a company that plays perfectly to his strengths in the early days– but will test his weaknesses long term.
Williams is extremely bullish on Digg. Traffic stabilized in January, he says, at about 20 million unique monthly visitors. The company has just 35 employees, he says, after 40% layoffs late last year. With the decreased burn rate the company is approaching… → Read More
Startups in Silicon Valley are like old generals. They don’t die anymore, buoyed on life-rafts of lingering venture capital and modest revenues. They just fade away, eventually purchased for assets that are a shadow of their former promise. It’s pretty clear that Digg is on that path.
The company isn’t dead, but it’s been fading away for a while, and its soul is all but gone. The company can spin… → Read More
Wow, when I wrote last night that Kevin Rose doesn’t really use Digg anymore, I had no idea how perfect the timing was. It turns out Rose really has tuned out. Because, say multiple sources, he’s already resigned from the company and is closing a $1+ million financing round for a new startup he’s founded.
How bad are things at the once-mighty Digg these days? Not so good. It’s been months since Digg relaunched in August in a quest for relevance. They had 18 million unique worldwide visitors that month according to Comscore. That dropped to just under 12 million in January, a 33% drop in just five months.
Everything official coming out of Digg says things are great and that a the company will find… → Read More
Folk-Williams was previously VP of Engineering at search and listings company Vast.com, and prior to that, led engineering at analytics startup Coremetrics, which was acquired by IBM last June. → Read More
Floodgate’s Mike Maples came in the studio yesterday to pre-tape an episode of Ask a VC, and while we had him here we picked his brain about the state of the venture industry. We started by talking about why his firm, Floodgate, is out of step with the broader Super Angel movement. Not only does Maples not believe you can make money through a spray-and-pray-and-flip approach, he doesn’t want to… → Read More
What’s the Next Big Thing after social networking?
This has been a favorite topic of much speculation among tech enthusiasts for many years. I think we are already witnessing a paradigm shift – a move away from simple social sharing towards personalized, relevant content.
The key element of the next big thing is the increasing significance of the Interest Graph to complement the Social… → Read More
In a step back towards the old Digg, Digg Product manager Mike Cieri just sent out an email to partner publishers stating the intent to remove the RSS submitted stories feature. For those of you that remember, the RSS submission feature was how stories from the Reddit publisher account on Digg were sent to the Digg front page in an act of rebellion against the V4 redesign of the site last… → Read More
Jay Adelson, the CEO of Digg until April 2010, just landed in a new position. He’s taking over as CEO of location services startup SimpleGeo, and will join the company’s board of directors. Founding CEO Matt Galligan will become the company’s Chief Strategy Officer.