Baltimore HUD Homes News

Joe Stump, the man who made sure the news ranking site could scale with its high volume of traffic (the kind of traffic that crashes blogs when directed at them) is forming a new company called CrashCorp, we learned tonight.

Stump isn’t going it alone, however: he’s joining forces with SocialThing founder Matt Galligan, who at age 24 has already sold one company: in 2008 SocialThing was acquired by AOL and integrated into Bebo, AIM and other properties. Galligan announced today, via a video on his Facebook page, that he’ll be leaving AOL in two weeks to join the venture. He’ll take the CEO role at CrashCorp while Stump becomes its CTO.

Stump, meanwhile, posted his regards to Digg on his blog:

This week I gave notice to Digg that I’m going to be leaving the company to pursue other opportunities. When I first joined Digg I had a list of goals in my head that I wanted to accomplish and, I feel, they’ve either been accomplished or are well on their way to being fulfilled by other shepherds at Digg. Luckily, we’ve managed to recruit some of the industry’s leading brains (all of whom are far smarter and more capable than I) to continue building great products for Digg and I’m excited to see where they take things.

So what’s next? Well, I’m spending July couch surfing through Europe, working on a few side projects, putting together a small conference on scaling and generally taking things easy. I’ll also be continuing to annoy the coders at Digg as an advisor moving forward.

It’s hard to put into words what my time at Digg means to me. I’ve had the distinct pleasure of working with many of Silicon Valley’s brightest minds and they’ve been gracious enough to not only give me a chance to prove myself, but also impart some of their knowledge to me. For that I’ll be forever grateful and indebted.

Thankfully, Kevin accepts beer as payment.

The founders are not disclosing further details about CrashCorp, which is likely to launch in late summer given Stump’s July vacation.