Up Story - trying to collect all interesting!

SAN FRANCISCO (Map, News) -When Jay Adelson first began discussing plans with Kevin Rose, the founder of user-suggested new content Web site Digg.com, the two had modest ideas for the future of the project.

???It??™s been said that only one out of 10 startups are successful, so we thought, ???Why not have 10 ideas for startups in mind???™??? said Adelson, CEO of San Francisco based-Digg. ???Really, we all believed Digg was started just as an experiment to gauge the collective wisdom of social media.???

The ???experiment??? certainly paid off, as Digg is now one of the 100 most visited Web sites, with 1.5 million people using the site each day. The site showcases articles written across the globe ??” from The New York Times, to personal blogs ??” that are ranked in terms of importance by Digg??™s readership. The only stipulations for the site are guidelines condemning hate speech, racism, sexism and other hurtful commentary.

Launched in early 2004, Digg began a meteoric rise on the Internet by at first catering to a niche of early adopting users interested in technology and computing articles before slowly expanding to incorporate news from all categories. Initially, Adelson split time between Digg and his own startup, Equinix, a successful a data center producer, before finally committing fully to his longtime friend Rose in February 2005.