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Alexis Ohanian Launched Reddit In 2005, Now He Owns Competitor Digg: Should RDDT Stock Investors Be Worried?
Benzinga· 2026-01-16 00:13
Core Idea - The relaunch of Digg by Alexis Ohanian and Kevin Rose aims to compete with Reddit, leveraging AI and community-driven features to attract users [1][2][3]. Group 1: Company Overview - Digg, co-owned by Ohanian's Seven Seven Six and co-founder Kevin Rose, is attempting a comeback after its initial decline, entering public beta after a leveraged buyout in March 2025 [2]. - The platform has started with 21 generalized communities and gained approximately 67,000 users during an invite-only phase [3]. Group 2: Features and User Engagement - In public beta, users can join or create communities on any topic, with community managers setting rules and maintaining transparency through public moderation logs [4]. - Digg's tagline emphasizes a human touch in its AI utilization, aiming to avoid issues like spam and bot overrun [3]. Group 3: Market Competition - Reddit's stock experienced a decline, attributed to analyst notes rather than the Digg launch, indicating that competition is intensifying in the social media space [5]. - Reddit reported 116 million daily active unique users and 444 million weekly visitors, but faces potential challenges from Digg's fresh approach [5][6]. Group 4: Leadership Insights - Ohanian's past experience with Reddit and Rose's knowledge from Digg's earlier success position them to potentially address shortcomings that affected both platforms [7]. - Reddit has consistently exceeded analyst expectations for revenue and earnings per share since going public in March 2024, but investors should remain vigilant due to emerging competition [7].
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TechCrunch· 2025-10-20 13:35
More than 10 years ago, @kevinrose was at Disrupt talking about Digg's big pivot. And this year, he's back on stage to share what he's learned since, from founding, building through turbulence, to his perspective as one of the most active early-stage investors around.Don't miss your chance to get his exclusive insights and turn them into your own successes, only at Disrupt Oct. 27 - 29! https://t.co/BNWF7oOWIZ ...
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TechCrunch· 2025-10-14 16:22
More than 10 years ago, @kevinrose was at Disrupt talking about Digg's big pivot. And this year, he's back on stage to share what he's learned since, from founding, building through turbulence, to his perspective as one of the most active early-stage investors around.Don't miss your chance to get his exclusive insights and turn them into your own successes, only at Disrupt Oct. 27 - 29! https://t.co/BNWF7oOWIZ ...
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TechCrunch· 2025-10-11 16:57
More than 10 years ago, @kevinrose was at Disrupt talking about Digg's big pivot. And this year, he's back on stage to share what he's learned since, from founding, building through turbulence, to his perspective as one of the most active early-stage investors around.Don't miss your chance to get his exclusive insights and turn them into your own successes, only at Disrupt Oct. 27 - 29! https://t.co/BNWF7oOWIZ ...
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TechCrunch· 2025-10-07 16:24
More than 10 years ago, @kevinrose was at Disrupt talking about Digg's big pivot. And this year, he's back on stage to share what he's learned since, from founding, building through turbulence, to his perspective as one of the most active early-stage investors around.Don't miss your chance to get his exclusive insights and turn them into your own successes, only at Disrupt Oct. 27 - 29! https://t.co/BNWF7oOWIZ ...
X @TechCrunch
TechCrunch· 2025-10-02 14:36
More than 10 years ago, @kevinrose was at Disrupt talking about Digg's big pivot. And this year, he's back on stage to share what he's learned since, from founding, building through turbulence, to his perspective as one of the most active early-stage investors around.Don't miss your chance to get his exclusive insights and turn them into your own successes, only at Disrupt Oct. 27 - 29! https://t.co/BNWF7oOWIZ ...
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TechCrunch· 2025-09-24 15:04
Kevin Rose, Digg founder and True Ventures partner, returns to TechCrunch Disrupt 2025 to talk pivots, reinvention, and spotting the next wave of breakout startups. Save up to $668 on passes before Sept. 26. https://t.co/RTGcvODtrg ...
From Digg to deals: Kevin Rose on reinvention and investing at TechCrunch Disrupt 2025
Yahoo Finance· 2025-09-24 15:00
Core Insights - Kevin Rose, the founding CEO of Digg, will return to TechCrunch Disrupt 2025 to discuss the relaunch of Digg and share insights on product development, community building, and navigating challenges [1][5] - Over the past decade, Rose has become a prominent early-stage investor in Silicon Valley, supporting startups in consumer tech and crypto as a partner at True Ventures [2][6] - The event will feature a session where Rose will discuss evaluating founders, identifying opportunities, and applying lessons from his entrepreneurial experiences to current investing practices [8] Company Insights - Digg is undergoing a reboot, with Rose serving as board chair and advisor, leveraging his extensive entrepreneurial background [5] - Rose's investment portfolio includes notable companies such as Twitter, Facebook, Solana, OpenAI, and Magic Spoon, highlighting his influence in the tech and media sectors [6] Industry Insights - TechCrunch Disrupt 2025 is expected to attract over 10,000 founders, investors, and operators, emphasizing the event's significance in the tech industry [9] - The session with Rose will focus on critical strategies for startups, including the importance of pivoting and maintaining conviction in a competitive market [8]