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Kevin Rose, Digg's founder, spoke this week at Webstock in Wellington, New Zealand and covered 10 amazing tips for entrepreneurs. They were truly insightful

1: Just Build It: You don't need anyone's approval and in fact, you probably won't get it, so don't even try.

The talk of the venture capital and entrepreneurial towns these days is the Open Angel Forum which after its second event in Boulder, Colorado is now announcing two more events in New York and San Francisco. Brainchild of Jason Calacanis, the Open Angel Forum (OAF) is an opportunity for startups to get face-time with active big-time venture capitalists and angel investors - all for the low, low price of free.

Digg and Revision3 co-founders Kevin Rose and Jay Adelson have provided crowdsourcing startup 3Crowd Technologies and its founder Barrett Lyon with an early Christmas present of funding.

Lyon says the angel investors join Storm Ventures and Greenwich Technology Associates to "give 3Crowd the shot in the arm it needs to take off," likely sometime early next year.

A great community for crowd sourced news and content, Digg is taking a page from the Twitter playbook and testing its mettle in the real-time stream. Similar to Twitter's Trending Topics, Digg is set to launch Digg Trends. According to a company blog post , the bookmarking community is offering users a chance to view trending stories before they make it to the home page. True to Digg fashion, this public view of the trend firehose comes with a catch. Voters have 10 minutes to digg or bury a story in order to determine whether it occupies valuable homepage real estate.

In a bit of "gotcha" journalism, interviewers Arnt Eriksen and Thomas Moen got Digg founder Kevin Rose to confirm that his company is developing an application for the iPhone.

When Eriksen referred to having seen a sneak preview of the application, Rose was visibly surprised. "I cannot show that off yet. You're not even supposed to know about that... Nobody knows about that." A video of the interview is embedded below.

In today's blog post by Chief Strategy Officer Mike Maser, Digg announced that it will be rolling out its beta ad program later this week. In addition to the community's existing banner ads, the company is launching an initial set of ads to appear in rotation with regular content. From here, users will interact with the ads in the same way they interact with articles - by digging, burying and commenting on them. Advertising with a high number of Diggs will fetch lower ad revenue and buried advertisers will be charged more.

Digg, which has spent four years trying to level the playing field and democratize media, will soon receive a facelift. According to Kevin Rose, Digg's founder and chief architect, the site, which hasn't changed much since its inception, will be putting a "stake in the ground this year and making some big changes."

Speaking to the Ad:Tech audience in San Francisco today, Rose talked about Digg's future saying ads need to be more interactive, print can't be saved, online publishers are in an incredible position and the importance of power users may be underestimated.

Update: Digg starts rolliing out its own ads