- Content aggregator Digg is making a comeback with the help of an unlikely partner: Reddit co-founder and rival Alexis Ohanian.
- Ohanian and Digg founder Kevin Rose acquired the platform for an undisclosed sum.
- At its peak in 2008, Digg was reportedly valued at about $160 million.
Content aggregator Digg is making a comeback with the help of an unlikely partner: Reddit
co-founder and rival Alexis Ohanian.
Ohanian and Digg founder Kevin Rose acquired the platform for an undisclosed sum. The deal is backed by venture capital firms True Ventures, where Rose is a partner, and Ohanian’s Seven Seven Six. The partnership was announced Wednesday in a video post to the company’s X account in which Rose called the partnership a “team-up he would have never imagined 20 years ago.”
Digg was founded in 2004 and rose to prominence as a major outlet for trending news because it allowed users to rate stories. Rose made what became an infamously goofy appearance on the cover of Businessweek in 2006 as the kid who “made $60 million in 18 months.”
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https://www.cnbc.com/2025/03/05/alexis-ohanian-kevin-rose-team-up-to-buy-and-revive-digg.html