Kevin Rose: Digg Failed Because “Social Media Grew Up”

In his first interview since the remains of fallen social media Digg star were sold to Betaworks, Digg’s founder Kevin Rose said he sold some company shares during its venture-capital financing rounds but “did not make a lot of money.”

That was just one disappointment of several for Mr. Rose, who founded Digg in 2004 and was involved with the company off and on as an executive and director until its very end.

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Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

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