Millionth Digg User

Yesterday, Digg.com blog site, Kevin Rose, its creator, announced that the number of registered users on the site reached 1,000,000. Kevin writes that more than two years have passed since the first news appeared there, and since that time new users have been helping Digg to evolve from a website designed for a small group of friends into a huge online message from a million users, which he even started at the very beginning could not imagine.



He writes: “In this message I want to express my gratitude to all of you - for staying true to this project. You not only allowed the Digg team to continue developing the original idea of ​​the site in new directions, but also inspired us, filling us with a sense of pride and excitement, so that we came to work every day with pleasure. ”



Digg site was created on November 1, 2004. Kevin Rose spent only one thousand dollars on his development and launch, which he had to pay as a payment for his house, which is why his girlfriend left him. Initially, David Prager, a friend of Kevin, wanted to call the site “Diggnation,” but Kevin thought of a simpler name. So he chose the name “Digg”, because users seemed to “dig up” (dig) stories on the main page, from those links offered by others. They could not call it "Dig", as the domain dig.com was already registered and belonged to the Walt Disney company, and therefore they added an extra letter "g" to the word. The site’s audience grew rapidly, reaching 100,000 in December 2005, and eight months later, in July 2006, it exceeded 500,000. In October 2005, the project received venture capital funding of $ 2.8 million from several major investors. According to its creator, the site annually earns $ 3 million, although in 2006 it has not yet become profitable. Kevin’s share in this project is 30‑‑40% and is estimated at about 60 million.

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