In Digg's non-defense, Kevin Rose has been a serial-rug-puller for his entire career. See also Pownce, Milk, and Moonbirds.
replyThe only sustained business I'm aware of is Hodinkee.
Kevin Rose didn't start Hodinkee, he started Watchville years after Hodinkee was already well established. Watchville merged with Hodinkee, at which point he became the CEO for 2 years.
replyFrom what I can tell Watchville was abandoned a few years ago.