Digg's chief executive steps down

The chief executive of Digg is to step down, saying the "entrepreneurial calling is strong" - and now is the right time to get involved in start ups.

Jay Adelson will hand over the reins to the social recommendation site's founder, Kevin Rose, but will continue to act as an adviser to the firm.

"With the new Digg getting ready to launch, Digg Ads doing well, our sales force growing, our hiring ramping, and the company maturing well beyond its startup phase, I feel that now is the right time," Adelson said in a blog post on the site.

"The entrepreneurial calling is strong, and I am ready to incubate some new business ideas over the next twelve months," he said. "As the economy exits a very deep recession, I believe that it is an excellent time for new companies to develop."

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