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Digg, Inc.

Private Company Ticker Symbol™: (DIGGINP)

Business Summary

Digg, Inc. is a privately-held online content providing company. Digg offers online news, videos and pictures of the best news, voted on by the Digg community. Users can share videos, articles, news and podcasts through the site. Digg was founded in 2004 by Kevin Rose and based in San Francisco, California.

Jump to Digg, Inc.: Detailed Business Description for more details on Digg, Inc. products and services, financial structure, Digg, Inc. major business events, and more.

Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2004
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
City:San Francisco
State/Province:California
Country:United States
Phone:View
Website:www.digg.com

Corporate Organization

Founders:
Kevin Rose
Owen Byrne
Ron Gorodetzky
Jay Adelson

Industry Information

Industry Codes

PICS™:900204™, 900299
NAICS:View
SIC:View

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Charts, Financials, and Statistics (Table Format)

Below are Digg, Inc. financials and other business metrics displayed in table format.
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Income Statement20112010200920082007
RevenuesViewViewViewViewView
Net Income (Loss)   ViewView
Employee Figures20112010200920082007
Total EmployeesViewViewView  
Productivity (Revenue/Employee)ViewViewView  
Notes
Financial Notes:
*Digg, Inc. fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are Digg, Inc. financials and other business metrics displayed in table format.
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Digg, Inc. Revenues ($ MM):
(Displayed as graph)

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Digg, Inc. Net Income (Loss) ($ MM):
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Digg, Inc. Total Employees:
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Digg, Inc. Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

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Mergers & Acquisitions

PrivCo's M&A Activity table for Digg, Inc. displays the mergers and acquisitions involving Digg, Inc., for example if Digg, Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsMay. 2006Exploring / RumoredViewViewAcquisitionView
DetailsJul. 2008CanceledViewViewAcquisitionView
DetailsJul. 2012CompletedView1ViewAcquisition
Intellectual Property Sale (IP)
View
DetailsJul. 2012CompletedViewViewAcquisition
Intellectual Property Sale (IP)
View
DetailsJul. 2012CompletedView2ViewAcq-HireView
DetailsJul. 2012AnnouncedViewViewMergerView
Notes
1Betaworks paid $500,000 for Digg's...Read More →
215 staff...Read More →
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Digg, Inc. displays the venture capital rounds, angel investments, debt or other funding raised by Digg, Inc..
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DateInvestorRoundInvestor Type
Oct. 2005Greylock PartnersAVenture Capital
Oct. 2005Omidyar NetworkAVenture Capital
Oct. 2005Marc AndreessenAAngel / Individual
Oct. 2005Reid HoffmanAAngel / Individual
Oct. 2005Ron ConwayAAngel / Individual
Oct. 2005Mike MaplesAAngel / Individual
Oct. 2005Al AveryAAngel / Individual
Oct. 2005Floodgate Fund, L.P.AVenture Capital
DetailsTotal Round A $2,800,000
Dec. 2006ViewBVenture Capital
Dec. 2006ViewBVenture Capital
DetailsTotal Round B View
Sep. 2008ViewCVenture Capital
Sep. 2008ViewCVenture Capital
Sep. 2008ViewCVenture Capital
Sep. 2008ViewCCorporate
DetailsTotal Round C View
Jul. 2011ViewD
DetailsTotal Round D View
Total of Funding Shown Above View

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Detailed Business Description: Digg, Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Digg, Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Digg Business Overview

Privately-held Digg, Inc. is a community news website built around popularity ranking of user-suggested internet content. Since its founding in late 2004 by Kevin Rose, Digg has grown into one of the most popular sources of information on the web. Digg has been made into a social news website made for people to discover and share contents from anywhere on the internet either by submitting links and stories or voting and commenting on the submitted links and stories. Voting stories is the major process which is done up and down in the site"s cornerstone function, respectively called "digging".

Digg as a social content website is divided into two major sections: "Popular" and "Upcoming" stories. Content is submitted by users is first directed to the "Upcoming" stories section where it is published for other users to read and to vote on (or "Digg") what they like best. If a story receives enough votes, or Diggs, then it is moved to the "Popular" section and… Continue Reading →

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Exhibits

Supplemental Resources

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