Digg: The Rise and Fall of an Internet Darling

As of June, 2006, Digg moved to expand its verticals beyond technology, to include science, world news, business, entertainment and video. The company is on the right track; in August, Rose is featured on the cover of BusinessWeek.

In September, Digg’s staff receives an additional $1 million in startup funding, this time for their podcasting arm Revision3. The New York Post releases a study valuing Digg at $250 million.

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