Digg’s Looking For A New CEO

Posted by Zee Follow Zee on twitter on June 8th, 2010

On April 5th, Kevin Rose replacedJay Adelson as CEO of Digg.com.

There were a whole scope of rumours as to why the shake-up was happening, the most significant being disagreements between Rose and Adelson about the direction of the company. Theofficial statement came from Adelson who said it was a good time to do step down because of an”entrepreneurial calling” and now that Digg was well past “start-up” phase, it was time to move on.

Rose founded Digg in December 2004 and with Adelson stepping into the shoes of CEO in 2005, Kevin’s responsibilities gradually diminished as he focused more on angel investments and other projects. Today in an episodeof The Random Show with Tim Ferris, Rose elaborated some more on what exactly went down. Rose says he was frustrated with the lack of product innovation at Digg and that was the primary incentive behind his decision to become CEO.

Rose went on to give a pretty detailed overview of his experiences so far, the role seems to be taking its toll. Words like “nightmare” and “stressed” cropped up, but he does retract – if only slightly – with “it feels really good.” The most significant stress he says is “keeping 90 people on the same page as to what’s going on in the company.” Understandable considering the company had barely a tenth of the number of employees back in 2004.

Read further here…

Leave a Reply

You must be logged in to post a comment.