This Week in Startups

Coreweave IPO, AVRide & Digg is Back! | E2093

30 snips
Mar 5, 2025
CoreWeave is making headlines with its $35 billion IPO after skyrocketing revenues, but heavy dependency on two major clients raises questions about its sustainability. Meanwhile, AVRide is partnering with Uber to roll out autonomous robotaxis in Dallas, signaling a leap in self-driving technology. Not to be missed, Digg is being revitalized by its founders with AI moderation, aiming to recapture the community spirit of social news. The conversation delves into the future of social networks, the role of AI in online communities, and the complexities of investment strategies in tech.
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ANECDOTE

Digg's History

  • Digg, similar to Reddit, was a social aggregator where users submitted links and voted on them.
  • Zuckerberg allegedly stole the "digg" concept for Facebook's "like" button, using it as a data play for advertising.
ANECDOTE

Million Dollar Offer

  • Jason Calacanis offered Kevin Rose $1 million for Digg in its early stages.
  • Rose smartly declined, raising money elsewhere and ultimately finding success.
INSIGHT

Digg's Revival Strategy

  • Kevin Rose's revival strategy for Digg leverages AI as a "co-pilot" for users and moderators.
  • This approach addresses pain points discovered through Reddit surveys, focusing on improving conversation quality and moderation.
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