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Tag: TechCrunch

  • AOL Looking To Sell TechCrunch, Engadget…Or Not [Report/Rumor/Update]

    Update: According to AOL CEO Tim Armstrong, the company is not looking to unload TechCrunch or Engadget. AdAge spoke with him, sharing the following quote:

    “We are planning to invest in those properties, not sell” them, Mr. Armstrong said in an interview with Ad Age. He admitted that the company has spoken with outside entities about partnerships that would lead to increased investments in TechCrunch and Engadget, but that right now AOL is leaning toward “investing ourselves.”

    Update 2: TechCrunch has put out its own article on the topic now. It equates to “We’re not for sale.”

    Will the AOL/TechCrunch drama ever end? For now, it continues.

    The latest in the saga is a report from Sarah Lacy of PandoDaily (formerly of TechCrunch), who says she’s hearing from two independent sources that AOL is looking to sell Engadget and TechCrunch for somewhere between $70 million and $100 million. She says that they could be sold as AOL Tech, possibly with other sites like TUAQ and Joystiq.

    “AOL is hoping to make something off the drama of the past couple of years: $70 million would net the struggling Internet company about $10 million profit on what AOL originally paid for both TechCrunch and Engadget’s original parent Weblogs Inc,” Lacy writes. “According to one source, AOL management has been seriously considering the move since early this year. The news also sheds light on why Arianna Huffington was so relaxed about relinquishing responsibility for the division last month, according to reports.”

    Huffington reportedly talked about wanting to focus more on Huffington Post at Business Insider’s recent conference. This came about a month after conflicting reports emerged about just how much power she would have going forward.

    If AOL really is looking to sell the tech properties, one would have to imagine that TechCrunch founder Michael Arrington might be interested, though he’s not saying as much. Lacy quotes him directly:

    “I don’t know anything. No one tells me anything. I am not in the least bit interested [in buying back TechCrunch]. I was Team Pando all the way until Sarah Lacy fired me. That does not change my position on TechCrunch.”

    Arrington, who famously called Huffington a touchy psychopath, will appear at the upcoming TechCrunch event, Disrupt (with former TechCrunch writer MG Siegler). Given the drama, it should be interesting to see what kinds of episodes emerge from that.

    “MG and I will be doing on stage interviews with famous tech people in our signature styles, and helping to run the Battlefield,” Arrington said in a recent post on TechCrunch itself, titled “I’m Back”.

    Will that title have even more meaning that first thought?

    Former Mashable editor Ben Parr chimed in on the discussion on Twitter:

    You just opened a very entertaining can of worms, @sarahcuda. Should be interesting to see how this plays out – http://t.co/888ZoRtt 10 hours ago via TweetDeck ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @sarahcuda — One more thought — think about the price point in comparison to the Mashable-CNN rumors 10 hours ago via TweetDeck ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @benparr yeah but i heard that was always BS 10 hours ago via web ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    This tweet from Siegler seems appropriate (though he was actually tweeting about a Lakers game):

    Win or lose, those types of endings are awesome. 7 hours ago via Tweetbot for iOS ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    Of course, it’s not over yet…

  • Michael Arrington, MG Siegler Out at PandoDaily

    Out of the AOL / TechCrunch drama factory came PandoDaily earlier this year. The news site launched as one focused on startups and it looked a lot like “TechCrunch All-Stars.”.

    Part of the plan was to have TechCrunch founder Michael Arrington as well as fellow CrunchFund partner and current (sometimes) writer for TechCrunch MG Siegler jump (and stay) on as contributors – a plan that apparently went awry on Monday. According to a post on PandoDaily by Founder and CEO Sarah Lacy, Arrington and Siegler are out at the new site after shareholders voted to yank Arrington as a director.

    As of Monday, April 9 the shareholders of PandoMedia voted to remove Michael Arrington as a director. Given the change in relationship we feel it’s inappropriate for CrunchFund’s partners Michael Arrington and MG Siegler to continue contributing to PandoDaily. We thank MG for his many stellar contributions to date and Michael for his support in the early days of the company.

    The announcement was abbreviated and they disabled comments on the post. There hasn’t been anything more from PandoDaily’s end on the matter.

    But Arrington and Siegler both posted about the move, and they seem to agree on a root cause: their participation in TechCrunch Disrupt.

    Here’s what Arrington had to say on Uncrunched:

    This wasn’t a complete surprise to me, the company notified me last week that they weren’t happy that I and MG Siegler (my partner at CrunchFund) were going to speak at TechCrunch Disrupt this coming May.

    Part of the reason that I’m speaking at Disrupt is that I have a contractual commitment to do so as part of my break with them last year, which Sarah knew about before our involvement in Pando. But MG and I are also speaking there because we still love TechCrunch. And we both speak at many other conferences as well.

    Siegler echoed this on his blog:

    Lots of questions about the PandoDaily situation. To be completely honest, I’m a bit surprised by how this went down. I think Michael’s response is appropriate.

    The problem seemed to be us participating in TechCrunch Disrupt (and I assume more Michael than myself since I’m still a TechCrunch contributor). But we both speak at a lot of conferences. And I view it as valuable that we speak at a wide range of conferences.

    Both Arrington and Siegler also mention that they think PandoDaily has potential to succeed, even though neither will be a part of it. At this point, nobody seems to be shocked by any drama that comes out of this bunch:

    This whole Techcrunch/Pando/Arrington thing needs an infographic 11 hours ago via web ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

  • AOL Rumored to Plan Layoffs

    AOL Rumored to Plan Layoffs

    AOL is rumored to be planning to lay off hundreds of its employees next week. According to Pando Daily, their source on the matter is legitimate. Allegedly, AOL might possibly be set to disappoint investors this quarter, and would like to have cost-cutting measures in place, when it comes time to explain themselves.

    AOL Patch Logo

    It has been suggested that AOL will obviously make cuts to its Patch division, and also in other unmentioned areas. Patch is AOL’s “community-specific news and information platform dedicated to providing comprehensive and trusted local coverage for individual towns and communities.” Patch reportedly lost roughly $100 million in 2011.

    AOL has been losing a lot of executives within the last while, though it is evident that this didn’t cut enough costs. With the Techcrunch snafu, which prompted the departure of Heather Harde, it has seemingly become a cool thing to quit AOL – The company has also lost Tim Dierks, Alex Gounares, Tim Castelli, Brad Garlinghouse and Kiersten Hollars.

  • Michael Arrington: Arianna Huffington Is A Touchy Psychopath

    TechCrunch has been leaking writers for some time now, and yesterday the leak moved up the food chain as the site’s Editor in Chief Erick Schonfeld stepped down. He’s been replaced by Eric Eldon, who says that his plan is to “build on the best of what the site has been over the years.”

    When the news broke on TechCrunch, Founder Michael Arrington wrote “Who the hell is Eric Eldon?” in the comments. That was obviously a joke, as he later said that the editor position was “the perfect position for Eldon.”

    Arrington, who was fired from TechCrunch back in September of 2011, doesn’t mince words in a blog post published today. Speaking on the topic of Schonfeld stepping down from his position, Arrington had some pretty harsh words for Huffington Post Media Group President Arianna Huffington.

    Tips For Keeping Your Job As Editor Of TechCrunch: http://t.co/yRgNUxHC via @Uncrunched 10 hours ago via Tweet Button ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    Here’s what Arrington had to say on his Uncrunched blog:

    Putting the why aside, one thing’s clear to me. Arianna Huffington seems to enjoy fucking with TechCrunch in her leisure time. She put all her weight behind Schonfeld when I left. But within a few weeks the rumors were that she was furious at him for the way the news broke about MG Siegler joining CrunchFund.

    I doubt Erick even realized, but he was a marked man from that day on. Yes, something that petty can piss her off.

    He goes on to explain how he feels about Huffington’s leadership:

    …in the modern era [The TechCrunch staff] also have to watch their back, because they have a very touchy psychopath conducting a game of musical chairs to the death. In other words, she has the TechCrunch staff running around in circles, afraid they’ll be the next one out.

    As the post closes, Arrington gives some advice to Eldon. He says:

    Now, if things do go sideways, I do have some public advice for him. Don’t bring a knife to a gun fight with Arianna. She’s smart and she’s mean as hell and she tends to win her fights. I lost. Erick had no chance whatsoever. The poor guy woke up yesterday thinking that everything was peachy. He went to bed without a job.

    As of now, Arianna Huffington hasn’t publicly responded to this post.

  • TechCrunch Loses Yet Another – This Time, It’s The Editor

    The transition at AOL’s TechCrunch continues as editor Erick Schonfeld has stepped down. This is just the latest in a series of pre-AOL acquisition TechCrunchers leaving. Some have banded together at the site PandoDaily. More on all of that here.

    The TechCrunch editor title has now gone to Eric Eldon. Eldon and fellow TechCruncher Alexia Tsotsis wrote a joint post about the news. In that, Eldon writes:

    When Erick and I talked about me joining TechCrunch last November, the circumstance today was obviously not on either of our minds. But things can change very quickly in the world of blogging, and Erick decided now is the best time for him to leave.

    Erick is an extremely experienced journalist and editor, he has worked hard to make the best of a very tough situation in recent months, and he’s done a great job of assembling a new team of young veterans — Sarah Perez, Josh Constine, Anthony Ha, Ingrid Lunden, Colleen Taylor, Eric Eldon (yes, apologies for speaking in the third person), and another person we’ll be announcing later this week. Along with all of the other alumni, Erick deserves a lot of credit for what TechCrunch is today.

    In the comments section, TechCrunch Founder Michael Arrington writes, “Who the hell is Eric Eldon?”

    MG Siegler, another TechCrunch vet says, “I think he crashed a TechCrunch party once.”

    Siegler is a little more serious in a post for PandoDaily:

    The truth is that this is the perfect position for Eldon. From the Stanford Daily to Y Combinator to VentureBeat to Inside Network to now TechCrunch, he has pretty much all the aspects of Silicon Valley flowing through his veins. He has been a writer, an editor, and a two-time startup founder.

    His new role will be his toughest challenge yet. He has to get TechCrunch back on track.

    Here are some quotes from AOL’s press release:

    “TechCrunch has always been a cutting edge site, leading the conversation and helping set the agenda. With these new additions joining a great team, TechCrunch is perfectly positioned to reach new heights,” said Arianna Huffington. “I especially want to thank Erick Schonfeld, who has been a valued member of TechCrunch since 2007, for his leadership over the last few months. During this time, he brought great additions to the TechCrunch team, including Eric Eldon, who will now be taking the helm at the site.”

    Eldon: “TechCrunch humbly began as Michael Arrington’s blog in 2005, written out of his spare bedroom in Atherton. The site is now an institution that has both come of age with the modern tech world — and defined it. We are going to build on the best of what the site has been over the years: a platform for entrepreneurs, and a leading source of news and opinion about the most important topics in tech. And we’re going to do it with the strongest team of young veteran tech writers in the world.”

    Tsotsis: “Beyond breaking news, being hip on products and fearless opinion, TechCrunch has always been about cultivating unique voices. By giving talented young writers a little bit of freedom and a huge platform, we’re going to build the next generation of tech news rock stars.”

    In semi-related news, PandoDaily hired its own new copy editor. It’s not Schonfeld.

  • TechCrunch Sheds Another Of Its Old School Writers

    After AOL acquired TechCrunch, the popular tech blog started going through a lot of changes. They weren’t all immediately noticeable, but it didn’t take too long for things to be very publicly coming apart at the seams.

    That’s no slight on TechCrunch as it stands today. It still has writers that deserve the respect of being taken seriously. Some of the old school TechCrunch writers are still there, for that matter. It’s just that they keep leaving, one by one. Nobody’s saying TechCrunch can’t continue to thrive as a quality tech publication, but there’s no denying that things are rapidly changing.

    It began mainly when founder Michael Arrington had that whole Crunchfund thing blow up in the media. If you care enough to be reading this story, you’re probably already familiar with that story. Other writers followed Arrington out the door. Paul Carr was early to do so. Others that have since left include: MG Siegler, Sarah Lacy, CEO Heather Harde, Robin Wauters, and now it’s Jason Kincaid. Forgive me if I left any out.

    For those who have been reading TechCrunch for a substantial amount of time, it’s easy to see that this is the bulk of the writers that made the blog what it would become.

    Arrington would go on to start his Uncrunched blog. Some of us wondered if this would become the next TechCrunch eventually. That changed when PandoDaily was launched earlier this year, led by Lacy, and also including writing from Arrington, Siegler and Carr. It will not be surprising to anyone if Kincaid and some of the others end up writing for PandoDaily as well (I should point out that Siegler still does contribute to TechCrunch some).

    Here are a few tweets from TechCrunch editor Erick Schonfeld and Kincaide himself. Kincaid’s links to his explanation.

    Yes, @jasonkincaid is leaving TechCrunch. A terrific writer who is ready to do something else. I’ll let him explain why. 50 minutes ago via web ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @sarahcuda @eldon Maybe he wants to say goodbye in his own way instead of grandstanding like some other former TC writers. 41 minutes ago via web ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    A Farewell Ahoy. Thank you to TechCrunch — and all of its readers — for an amazing four years. http://t.co/BRuJEQvh 10 minutes ago via web ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    I should add that @erickschonfeld graciously offered to let me publish this on TC, but I thought it would be better suited for my own blog. 10 minutes ago via web ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    In other AOL Tech publication staff loss news, Engadget Editorial Director Joshua Fruhlinger is reportedly leaving for TMZ.

  • Pinterest Wins Award for 2011 Startup of the Year

    Pinterest was launched in 2010, but that didn’t stop the fine folks at TechCrunch from giving Pinterest their “Crunchie” award for “2011 Startup Of The Year”. Why did Pinterest earn that recognition?

    From TechCrunch:

    “The reason? Crazy, crazy traffic and growth. In November, the site had reportedly seen a 2,000% increase in pageviews, according to comScore. That wasn’t year-over-year growth, mind you, but the increase Pinterest had seen since June. At 421 million pageviews, the site had already surpassed more established players, like Etsy, for example.”

    Another classic award-winner for Best New Something-or-Other was Shelby Lynne, who won a Best New Artist Grammy after 13 years and 6 albums. Go figure.

    Other great Pinterest reads:

    Video: How To Use Pinterest (Tutorial)

    Pinterest 101: How Can Geeks Use It?

    Pinterest Invasion by Men Continues Unabated

    Pinterest Top Five Most Repinned Items

    Pinterest Traffic Spikes

    Dear Pinterest: Can We Talk?

  • AOL’s Tim Armstrong On: Project Devil, Patches’ Success & TechCrunch “Chaos”

    Following up with their company’s financial earnings being released this morning, Tim Armstrong, AOL CEO and Chairman, and Arte Minson, AOL CFO, took some time this morning to conduct a Q&A with the media about the implications of the Q4 2011 report and to speculate on what AOL hopes to accomplish in 2012.

    Armstrong spoke at length about AOL’s marketing strategies (it wasn’t their fault this was mostly what they talked about – this is what reporters were asking about) and how Project Devil, their advertising platform, is changing advertisements into actual site content. Mentioning how companies like Proctor & Gamble and Unilever have already adopted Project Devil, Armstrong said, “We believe most of the clients in the world, through their agencies, could extend their content through advertising.” He continued, “Project Devil is an enterprise system that would go inside the holding companies where we’re taking our software and user-interface and basically white labeling it for the holding companies.”

    Armstrong also talked about the success of Patches, AOL’s platform for providing local news coverage to individual areas. Although it wasn’t mentioned in the press conference earlier today he did confirm that it had been an overall success thus far. Similar to his explanation for AOL’s general success, he said Patches has been done well because of their organizational strategy and sales teams. AOL has implemented 863 Patches overall, each of which they bunch into bundles of 30 to assess the quality and success of each Patch.

    When addressing how Patches became profitable, Minson added, “We don’t want Patches to be a success based on an individual basis because we could theoretically muscle any Patch into being profitable.” He said that the true value of Patches “should be considered within Patches’ overall success.”

    Eventually, someone was going to bring up the big jaundiced bruise on AOL that is TechCrunch and the defection of employees that occurred last year. Deflecting the suggestion that the news site was in “chaos,” Armstrong redirected the focus to TechCrunch’s “tremendous year” and pointed out some highlights like the conference they hosted in Beijing and the upcoming Crunchie Awards. “Chaos around TechCrunch,” he said, “is a limited factor because the site has acquired a lot of value.” He went on to explain how TechCrunch has added more talent to their staff and has been receiving “strong interest” from advertisers.”

  • PandoDaily: New Tech News Site From TechCrunch All Stars

    The “four biggest voices” who left TechCrunch (Sarah Lacy’s words) have started PandoDaily, a new tech site aimed at covering start-ups that sounds, well, exactly like TechCrunch.

    Lacy is leading the charge, and the site will also feature writing from Michael Arrington, MG Siegler and Paul Carr.

    In a post by Lacy, called “Why I Started PandoDaily,” Lacy says:

    We have one goal here at PandoDaily: To be the site-of-record for that startup root-system and everything that springs up from it, cycle-after-cycle. That sounds simple but it’ll be incredibly hard to pull off. It’s not something we accomplish on day one or even day 300. It’s something we accomplish by waking up every single day and writing the best stuff we can, and continually adding like-minded staffers who have the passion, drive and talent to do the same.

    As a founder, I have a personal goal that’s just as important and just as core to our culture: I do not want to sell this company. I have opened nearly every meeting by telling potential investors and potential employees this, so I guess readers should know it from the beginning as well.

    Of course, there’s the caveat that if someone calls me tomorrow and offers $1 billion, I might cave. I do have investors after all, and everyone has a price. And I’ve been around enough entrepreneurs to know the journey changes you in ways you can’t expect. I’m as aware as anyone this resolve might soften over time.

    Arrington adds on his Uncrunched blog:

    Pando Daily has a single overriding goal – to be the paper of record for Silicon Valley. That means every story of importance will be covered with an unbiased look at the facts. Along with a healthy dose of the analysis that you’ve already come to expect from her and the people she works with.

    There’s a big void in Silicon Valley right now, and I believe readers are aching for something to fill that void. Pando Daily is going to do that.

    Speaking about TechCrunch in a video interview with AllThingsD’s Kara Swisher, Lacy said, “I think it’s on a downward path obviously or would have stayed. They’re not breaking news as much as they used to be…”

    It’s certainly going to be interesting to see how the new site competes with the established TechCrunch, which does still retain some of its writers from the pre-AOL days.

    They’re also going to have a monthly series of events (with fireside chats).

    Arrington’s CrunchFund, by the way, is also an investor in PandoDaily. Other investors include: Marc Andreessen, Peter Thiel, Tony Hseih, Zach Nelson, Andrew Anker, Chris Dixon, Saul Klein, Josh Kopelman, Jeff Jordan, Matt Cohler, Greylock Discovery Fund, Accel’s Seed Fund, Menlo Ventures Talent Fund, Lerer Ventures, SV Angels and Ooga Labs.

    One more interesting aspect of PandoDaily is that it says it will honor embargos to put stories in its “PandoTicker,” but will require something exclusive for the main blog part. TechCrunch has been known to break an embargo or two in the past, under Arrington. Granted, Arrington was very up front about this in a post called “Death to the Embargo“.

    It will be interesting to see how this strategy plays out. My guess is that it will work pretty well, given the fame its writers already have within the industry.

  • Heather Harde Officially Out At TechCrunch (AOL)

    Heather Harde Officially Out At TechCrunch (AOL)

    Last month, reports emerged that TechCrunch CEO Heather Harde, who since TechCrunch was acquired by AOL, has actually been general manager of AOL’s technology properties, had handed in her resignation.

    Today, it’s official. She’ll be stepping down at the end of the year. TechCrunch Editor Erick Schonfeld wrote his goodbye in the form of a TechCrunch post. “I am truly sorry to see her go. She is an amazing business partner and a rare talent. Just one example: Last year, when Heather was negotiating the final deal terms with AOL to purchase TechCrunch, she ran the conference during the day without a hiccup, and then literally stayed up all night to get the deal done in time for it to be announced on stage the next day,” he wrote.

    “AOL GM Jay Kirsch, who oversees Autos, Finance, and Industry on the business side, will be adding Tech to his responsibilities,” Schonfeld noted. “Editorially, TechCrunch will remain independent under me. (Editorial and business groups are separate at AOL).”

    On the post, TechCrunch founder Michael Arrington commented, “It’s like watching the movie Titanic. You know exactly how it all ends, but you keep hoping it won’t.”

    AOL is probably loving comments like that, especially being an investor in Arrington’s CrunchFund.

    Arrington also wrote a lengthy post about the situation beginning with, “I’m so angry.”

    He goes on to sing plenty of praise for Harde, rehash previous AOL/TechCrunch drama, imply that everything is falling apart because of Arianna Huffington’s ego, and say that he believes AOL CEO Tim Armstrong will still figure everything out and “save the day”.

    He also throws in a reminder that he’s a shareholder in AOL.

    “Other than dial up, TechCrunch is/was the most profitable and fastest growing business unit inside of Aol,” he wrote. “That, ultimately, is why everything fell apart.”

  • TechCrunch CEO Heather Harde Reportedly Leaving AOL

    Who would have ever thought that AOL purchasing TechCrunch wouldn’t go down as a completely smooth journey off into the sunset?

    If you follow tech journalism news, you know that the journey has been anything but smooth, with the biggest bump in the road being that whole Crunch Fund, Michael Arrington ordeal earlier this year.

    Since then, TechCrunch has lost some of its writers (though popular reporter MG Siegler still contributes a bit. He’s had 4 articles on TechCrunch this month).

    Now, reports are out that CEO Heather Harde is quitting after disagreements with The Huffington Post, which is running the AOL content show these days. Henry Blodget at Business Insider says he’s heard from a source that Harde has handed in her resignation, but that AOL management is still trying to get her to stay.

    It’s been quite interesting to see how the tech blog, which pretty much set the bar for the tech startup news niche seems to be coming apart at the seams since purchased by the online media giant.

    That’s not to say that TechCrunch has done a poor job since then, by any means. They still have plenty of the names that have helped build the site into what it has become, and if I said I’ve seen better coverage of the tech startup industry, I’d be lying.

    But how long will this last? That’s the real question. With the internal struggles that have been publicized (who knows what hasn’t been?), one has to wonder if AOL is going to run a much-respected tech site into the ground.

    Here’s some of what people are saying about the Heather Harde news on Twitter:

    The AOL talent hemorrhage continues: Heather Harde is latest to leave. 4 minutes ago via TweetDeck · powered by @socialditto

    Bad week for AOL — Heather Harde leaving http://t.co/2soEKJ6J 57 minutes ago via Twitter for iPhone · powered by @socialditto

    it just gets worse and worse at TechCrunch. CEO Heather Harde has just resigned. http://t.co/5VpQyJVx 4 hours ago via Tweetie for Mac · powered by @socialditto

    I haven’t seen much in the way of praise for AOL. Unless you count something like this:

    techcrunch CEO heather harde also quitting aol. place is gutted. at least aol didn’t waste 600m like they did w beebo 13 hours ago via Twitter for iPhone · powered by @socialditto

    Everything seemed to be going pretty well with TechCrunch before AOL entered the equation. I’m sure more than a few people are still wondering if Uncrunched will become the new TechCrunch.

  • Will Uncrunched Become the New TechCrunch?

    Will Uncrunched Become the New TechCrunch?

    A couple weeks ago, it became official that TechCrunch founder Michael Arrington is no longer a part of AOL, after (and before) much drama unfolded. TechCrunch, so far, is going along with most of the same writers,though columnist Paul Carr quit in dramatic fashion. He’s already got a new startup with backing from Crunchfund, which kicked off this whole ordeal to begin with.

    Now, Michael Arrington has found a new blogging home. He started “Uncrunched“. In a post titled, “What exactly am I doing here at Uncrunched?” he says:

    I’m going to do the same thing I’ve been doing since 2005. I’m going to write about startups, and the people who build them, and the people who fund them, and the people who use them. I’m going to break stories and I’m going to write my opinion, and I’m going to write whatever the hell else I feel like in between. If people want to read what I write, yay. If they don’t, I can live with that too.

    So, basically, it sounds like he’ll be competing with TechCrunch, and one might wonder if there will be any guest posts from his friends popping up. Could this simply turn into the next TechCrunch? What if more writers follow Paul Carr’s example and leave the AOL-owned tech blog, only to do the same thing with Arrington again at Uncrunched? There’s nothing indicating this is going to happen yet, but it doesn’t seem that far-fetched.

    It doesn’t look like that’s the route Arrington’s taking this time, unless he changes his mind:

    @arrington is it possible that Uncrunched could turn into another TechCrunch or do you plan to keep it a 1 man show? 16 hours ago via TweetDeck · powered by @socialditto

    @whataboutbob one man show. I’m out of the blogging for business business. 16 hours ago via web · powered by @socialditto

    Still, in the comments of his blog post, Arrington says he misses TechCrunch “a lot”.

    TechCrunch itself (surprisingly) hasn’t talked about Uncrunched a whole lot so far. They did run an article pointing out its launch, where Arrington’s choice of comment system was essentially the main focus of the piece. Writer Mike Butcher did tweet the following:

    .@arrington has launched #uncrunched http://t.co/d74lh9Vf – he just can’t NOT use Crunch in anything… 2 days ago via Twitter for iPhone · powered by @socialditto

    It’s going to be interesting to see just how the “Uncrunched” story unfolds, and how much Arrington will be blogging himself. If he’s going to be breaking stories, as he says, that does make him a direct competitor with TechCrunch, but at the same time, how can one man compete with the blog’s whole staff?

  • Arrington No Longer Part of AOL [Now Official]

    Arrington No Longer Part of AOL [Now Official]

    AOL and TechCrunch founder Michael Arrington have officially parted ways, at least on an employer/employee basis, though the company will continue in its investment in Arrington’s “CrunchFund” . The official statement from AOL as posted on TechCrunch:

    “The TechCrunch acquisition has been a success for AOL and for our shareholders, and we are very excited about its future. Michael Arrington, the founder of TechCrunch has decided to move on from TechCrunch and AOL to his newly formed venture fund. Michael is a world-class entrepreneur and we look forward to supporting his new endeavor through our investment in his venture fund. Erick Schonfeld has been named the editor of TechCrunch. TechCrunch will be expanding its editorial leadership in the coming months.”

    It’s worth noting that the TechCrunch post which shares this statement uses quotations aren’t “Deciding” in the title “‘Deciding’ to Move On”.

    Honored and humbled to be taking the full reins at Techcrunch. 20 minutes ago via Twitter for iPad · powered by @socialditto

    Some other TechCrunch writer responses:

    “A statement from AOL”. Ugh. Just fucking UGH. http://t.co/mmHtmBi 1 hour ago via TweetDeck · powered by @socialditto

    I would need 1000 tweets to unpack the bullshit from that statement. 1 hour ago via TweetDeck · powered by @socialditto

    Well, there you go RT @TechCrunch: “Deciding” To Move On http://t.co/QdddAnQ 1 hour ago via TweetDeck · powered by @socialditto

    Thanks for everything, Mike. RT @TechCrunch: “Deciding” To Move On http://t.co/HZB1Icr 1 hour ago via Twitter for Mac · powered by @socialditto

    Unpaid Blogger http://t.co/y0kpeJD 1 hour ago via Instagram · powered by @socialditto

    Really sad @arrington will no longer be part of @techcrunch but @erickschonfeld will be an awesome editor. Sad day, however. #tcdisrupt 1 hour ago via Twitter for Android · powered by @socialditto

    Really going to miss @arrington. Learned so much from him over last 2 years. And excited to work under the leadership of @erickschonfeld! 1 hour ago via Seesmic · powered by @socialditto

    Kara Swisher has posted yet another leaked internal company memo, this from AOL CEO Tim Armstrong. The part about TechCrunch reads:

    “Finally, I’d like to announce that Michael Arrington, the founder of TechCrunch, has decided to move on from TechCrunch and AOL to his newly formed venture fund. TechCrunch continues to be a part of the AOL Huffington Post Media Group. AOL will maintain its initial investment in Michael Arrington’s fund and AOL Ventures will oversee our investment in the fund.”

    For more background on the events that led up to this, view past coverage here.

    And as a bonus, let’s review that Next Media Animation video one more time:

    Schonfeld was already co-editor of TechCrunch, so it stands to reason that the site will remain relatively similar to how it’s always been, though that part about expanding editorial leadership in the coming months might have more bearing on that, depending on just what is in store.

  • Arrington and AOL: The Final Chapter

    The latest word on the TechCrunch/AOL saga is that TC founder Michael Arrington has been fired from the company and that AOL will not sell TechCrunch back, as he had requested.

    As previously reported, Michael Arrington presented two options to AOL: either reaffirm editorial independence of TechCrunch as “promised at the time of acquisition” or sell TechCrunch back to the original shareholders.

    According to an article from Fortune, it appears that AOL went with option C: canning Arrington and keeping TechCrunch. Dan Primack reports:

    Instead, Fortune has learned that AOL executives have decided to terminate Arrington. It is unclear how this will officially occur. Maybe a pink slip. Maybe Arrington submits a (public?) letter of resignation. Maybe Tim Armstrong simply gives Arrington a phone call, and he quickly dashes off a note to TechCrunch employees on his iPad.

    In other words, the ending has been written but much of the final chapter remains blank. This includes the fate of CrunchFund, which still includes that pesky AOL commitment (which it technically could default on, but that would lead to all sorts of other problems).

    Of course, as Primack also admits, there’s no telling if the decision is final. There has been so much back and forth here, who knows? Kara Swisher, who has been very vocal in her criticism of the whole ordeal, is skeptical:

    CrunchFund wizard might be out per fortune, but seems chaotic still as to what’s going on there, acc to my sources: http://t.co/izt0Q7n 11 hours ago via TweetDeck · powered by @socialditto

    Either way, the story up to now has already been immortalized by Taiwanese animation:

    Note: The title of this article is a reference to Friday the 13th Part IV: The FInal Chapter, which as any horror fan knows, was not even close to being the final chapter.

    My life feels very strange to me. 10 hours ago via Twitter for Android · powered by @socialditto

  • TechCrunch, AOL Drama Gets Taiwanese Animation

    Next Media Animation, the Taiwanese animators known for producing animated video clips about various news topics in tech and pop culture, have put out a video about the whole TechCrunch/AOL ordeal.

    “NMA is a news agency and therefore we choose the most popular and trending stories each day to animate,” NMA’s Jenna Manula tells WebProNews. “After gathering a list of topical stories, we narrow down our choices to which events are lacking video footage. The power of our animations lie in the ability of our animators to recreate the scene of an event and to provide a visual to our audience where one is not available.”

    Each of their videos takes about three hours to produce, she says.

    In the video, TechCrunch founder Michael Arrington appears to be portrayed as some kind of wizard, and is eventually kicked out the door (literally) by Arianna Huffington.

    Yesterday, Arrington wrote a post on TechCrunch in which he suggested that AOL either reaffirms “editorial independence” to TechCrunch as “promised at the time of acquisition” last year or sell TechCrunch back to its original shareholders.

    We have yet to see any real response from AOL to this.

    I’m definitely not taking any more calls today. 15 hours ago via web · powered by @socialditto

  • Arrington to AOL: Sell TechCrunch Back

    The TechCrunch drama continues, interestingly enough with a TechCrunch post from founder Michael Arrington himself.

    More here and here for some background.

    A year ago when it was revealed that AOL would be acquiring TechCrunch, a big deal was made about how TechCrunch would continue to operate as it always had, free from editorial oversight by AOL. That would mean TechCrunch could say whatever nasty things it wanted to about AOL and get away with it.

    Arrington writes in a fresh post, “As of late last week TechCrunch no longer has editorial independence. Some argue that the circumstances demanded it. I disagree. Editorial independence was never supposed to be an easy thing for Aol to give us. But it was never meaningful if it shatters the first time it is put to the test.”

    Editorial Independence http://t.co/Ju68GRW via @techcrunch 1 hour ago via Tweet Button · powered by @socialditto

    It does still appear to be editorially independent enough to let air all of this internal turmoil for the masses, including this very post by Arrington, so I guess that’s something.

    @manan me too. we operate exactly the same except for the glaring conflict of interest VC fund 1 hour ago via Tweetie for Mac · powered by @socialditto

    According to Kara Swisher at All Things D, who has been very vocal about her disdain for the whole mess, says that Arrington has reached out to AOL CEO Tim Armstrong to try and buy TechCrunch back. She says her sources say that he would have to pull together the funding to do so, and that things are currently at a “stalemate”.

    In Arrington’s post, he proposes two options to AOL:

    1. Reaffirmation of the editorial independence promised at the time of acquisition. Given the current circumstances, that means autonomy from Huffington Post, unfettered editorial independence and a blanket right to editorial self determination. To put it simply, TechCrunch would stay with Aol but would be independent of the Huffington Post.

    or

    2. Sell TechCrunch back to the original shareholders.

    “If Aol cannot accept either of these options, and no other creative solution can be found, I cannot be a part of TechCrunch going forward,” signaling that this could be his last TechCrunch post.

  • TechCrunch Says TechCrunch “As We Know It” May Be Over

    TechCrunch Says TechCrunch “As We Know It” May Be Over

    Popular tech blog TechCrunch, which was acquired by AOL about a year ago appears to be in major turmoil, following news late last week that founder Michael Arrington is likely out of the company after launching CrunchFund, venture capital fund.

    Previously, we looked at a lot of the chatter taking place throughout the industry expressing various viewpoints about the whole thing, but now TechCrunch writer MG Siegler has written a pair of posts lending perhaps the most interesting point of view yet.

    “TechCrunch is on the precipice,” he writes on TechCrunch itself. “As soon as tomorrow, Mike may be thrown out of the company he founded. Or he may not. No one knows. And if he is, he will be replaced by — well, again, no one knows. No one knows much of anything. Certainly no one at TechCrunch. This site is about to change forever and we’re in the total fucking dark. I’ve been able to piece together little bits of information here and there, and it’s not looking good. Hence, this post.”

    He goes on to discuss how TechCrunch actually works as a publication and the editorial process, which has been the subject of critique by the mainstream media. Siegler calls out a particular article by The New York Times’ David Carr, which he discusses even more in a post on his personal blog.

    On that blog, ParisLemon, Siegler writes, “Journalists seem to think they can write about TechCrunch as if they’re looking in a mirror. That is to say, they think our operation runs in a similar manner to theirs and they use that as a jumping off point for misguided (but predictable) outrage. In reality, what they’re looking at when they look at TechCrunch is a crystal ball.”

    “First and foremost, the concept of an ‘editor’ at TechCrunch is essentially just a title and nothing more. Generally speaking, neither Mike nor Erick (TC’s two ‘co-editors’) are overlords that dictate what everyone else covers. With a few exceptions (mainly for newer writers), no one person even reads posts by any other author before they are posted,” Siegler explains. “Traditional journalists may be appalled to learn this. But this is a big key of why TechCrunch kicks their ass in tech coverage. We’re fast and furious in ways they can’t be, because they’re adhering to the old rules. Are there benefits to those old rules? Sure. But in my opinion, the benefits of the way we work far outweighs the benefits of the way they work.”

    He makes some pretty good points, and has a whole lot more to say about them in that post.

    Back in the TechCrunch post – property of AOL – he concludes that AOL may “TechCrunch as we know it may be over.”

    “AOL seems to think that by cutting off the biggest conflicts — ones so big that they’d obviously have to be disclosed — that they’ll be a bastion of integrity in the editorial landscape. What a bunch of horse shit,” Siegler says. “The conflicts we need to worry about are the ones not disclosed. They’re far more prevalent and they do actually deceive readers because they’re far more subtle. But that’s an impossible task. AOL can’t fix that — no one can. So instead they’ll slaughter the lamb everyone can see to gain puffery amongst the old media peers who also live to die another day.”

    When it was first announced that AOL would acquire TechCrunch, it caused quite a stir, and many wondered how TechCrunch would manage to keep doing things the way it had always done under the control of a huge media conglomerate. And that was before the Huffington Post was part of the equation.

    “I remember hanging out with the staff a year ago before the announcement was made that AOL had purchased Techcrunch and the rumors were just rolling over the staff,” says Robert Scoble in a Google+ post. “Some of the staff were dismayed (to put it lightly. At least one was crying). They thought that Techcrunch as we knew it was over then. Turns out they may have been right, although they kept a brave face on it for almost a year.”

    Some wondered, would TechCrunch be afraid to criticize AOL if it needed to be criticized? TechCrunch said this would not be the case, and AOL practically encouraged it.

    TechCrunch held true to its word, even going out of their way to spark blog wars with other AOL-owned properties like Engadget and Moviefone.

    Now, who knows?

    “It has almost been exactly one year since AOL acquired us,” Siegler writes. “At the time, they promised not to interfere with the way we do things. For 11+ months, they’ve kept their word, and things have run beautifully from our end. Our business is one of the few sterling ornaments on their mantel. Now they may break their promise to us. And if that promise is broken, it will break TechCrunch.”

    It’s going to be very interesting to see how things unfold, and how it affects AOL’s future acquisition strategy.

  • Michael Arrington and AOL: What They’re Saying

    Update: Arrington is “not employed by Aol” according to this report quoting a Huffington Post spokesperson.

    Update 2: Peter Kafka at AllThingsD is reporting that Arrington is indeed an AOL employee, though he no longer works for AOL’s Huffington Post Media Group. He writes: “That’s consistent with what the company said yesterday, but contradicts what AOL HuffingtonPost spokesman Mario Ruiz told the Business Insider this morning. But since Sullivan reports directly to AOL CEO Tim Armstrong, we’ll take her word on this.”

    Here’s the TechCrunch post about the whole thing, finally. Written by Paul Carr.

    Reports came out from Fortune and the New York Times that famed blogger and TechCrunch founder Michael Arrington is launching a new venture fund to invest in early-stage startups.

    According to Fortune, his partner is Patrick Gallagher of VantagePoint Venture and the goal is to raise about $20 million.

    While the NYT reported that Arrington “will take a backseat role at TechCrunch, which is hiring a new managing editor,” and that “He will continue to report to Arianna Huffington, who runs AOL’s media properties,” Henry Blodget is reporting that Huffington said in an email that Arrington isn’t being paid by TechCrunch, won’t report to TechCrunch editors and won’t export to Huffington or other AOL Huffington Post Media Group Personnel.

    Arrington himself has been pretty quiet about his plans. His tweets since the news came out have consisted of:

    slow news day. 12 hours ago via web · powered by @socialditto

    @chirag_mehta hah. 12 hours ago via web · powered by @socialditto

    @eastdakota I haven’t actually said anything. 7 hours ago via web · powered by @socialditto

    There has been plenty of outside chatter, however. Here are some tweets from others:

    whoa! congrats & welcome 2 the party mike @arrington !!! #VCcrunch (celebration drinks @Bin38 ? 😉 cc @mhelft @danprimack 15 hours ago via web · powered by @socialditto

    The reason what Arrington is doing is OK is that readers who care know they have a choice. 12 hours ago via Twitter for iPhone · powered by @socialditto

    .@nichcarlson I think all pubs have conflicts, even hidden ones. TC’s are now more complicated, and deeper. But TC is no less a good read. 11 hours ago via web · powered by @socialditto

    AOL, if you’re going to make an exception to your “traditional” journalism standards, then you don’t have standards http://t.co/qvQDV0q 14 hours ago via Seesmic twhirl · powered by @socialditto

    Hopelessly troubled AOL’s new biz plan is apparently taking egregious conflicts of interests to a new level. Go, Tim!: http://t.co/Zx5cwxq 15 hours ago via Tweetie for Mac · powered by @socialditto

    I swear I’m never reading TechCrunch again… until they have that massive scoop and I’m one of the few million reading tomorrow. 9 hours ago via Twitter for iPad · powered by @socialditto

    Jeff Jarvis lists “a few things to keep in mind” regarding Arrington in a Google+ post:

    • Arrington started as a VC who happened to write a blog to keep track of companies he was interested in for investment. It turned into a media property by accident (but with much hard and purposeful work).
    • Arrington has long rejected the title “journalist.” At Disrupt, I tried to get him to take on the uniform. He adamantly would not.
    • NYTimesCo also invests in startups (including one where I am a partner, Daylife) and the NYTimes covers startups. NYTimes lab also created a startup with Betaworks (News.me). It, too, is in the business of startups.
    • One difference: Arrington’s fund accepted capital from other VCs’ funds. An added layer of complexity, to be sure.

    Robert Scoble says, “One thing, entrepreneurs will have a tough time with: He can be tough to work with if you aren’t very adept at PR and don’t know how to handle his personality. Getting questioned by him isn’t something that will be fun, either in a board meeting, or in public on a blog.”

    That personality has been on public display in past Tech Crunch posts and tweetrs, where he has had plenty of “blog wars” for lack of a better term with other AOL staff (namely Engadget).

    Swisher also had a whole lot more to say about the whole thing.

    Note: The screenshot with the broken image on Arrington’s bio is real. Note 2: It’s not broken anymore. Probably meaningless, but still seems appropriate enough for a screenshot.

  • Business Insider Overtakes Mashable in U.S. Unique Visitors (Compete)

    Business Insider has overtaken Mashable in unique visitors according to Compete. It seemed noteworthy when competing blog Mashable overtook TechCrunch as the more popular tech blog, and now Business Insider (whose tech section is technically Silicon Alley Insider) appears to be doing even better than Mashable.

    Business Insider Overtakes Mashable

    Of course, there are plenty of factors that could be contributing here. For one, Business Insider is pushing out a ton of articles these days, and on a variety of topics. It’s not all tech, or even all business at this point. It’s pretty much become an all-purpose news source, leaving the name “Business Insider” a little misleading. That’s not to say they don’t cover business well, but visit the site, and you’ll find sections on Tech, Media, Sports, Lifestyle, Politics, Travel, Etc. The content will still often have a business angle, but not always.

    This kind of branching out into other content areas by previously niche publications has drawn some criticism. In fact, a TechCrunch writer recently blasted Mashable for this kind of thing (which I defended here). Interestingly enough, Business Insider has also been known to syndicate articles from other sources, including TechCrunch itself.

    Business Insider puts out a ton of content. They seem to be going for almost a Huffington Post-type thing. In terms of unique visitors, it seems to be playing out well for them so far.

    It’s worth noting that Compete’s data is all U.S. and has been subject to its own share of criticism. Last week, we ran a piece, in which Compete’s Damian Roskill, Managing Director of Marketing, compared Compete data and Google Analytics data to Apples and Oranges.

  • Is the State of the News Industry “Pathetic”?

    Mashable founder Pete Cashmore tweeted that Monday was the biggest traffic day ever for the publication (in terms of unique visitors. Clearly, it stands to reason that the death of Osama bin Laden and the site’s tendency to show up high in Google search results played a role in this.

    If you look at Mashable’s topic page for Osama bin Laden, it currently contains 33 stories (probably far less than a lot of publications). Is this really a problem?

    Is Mashable’s (and many other publications’) strategy justified? Tell us what you think.

    The angles of these articles include:

    – a webinar
    – tv ratings
    – tweet-by-tweet infographic
    – Will Ferrell doing a sketch
    – bin Laden searches
    – bin Laden memes
    – NFL star tweets
    – altered MLK Jr. quote going viral
    – PCs/Thumb drives captured
    – how the social web reflected upon the death
    – YouTube video
    – Situation room images released
    – Obama/Osama gaffes in the media
    – yahoo searches spiked
    – record tweets per hour

    The list goes on. You can see them all here.

    Here’s Cashmore’s tweet:

    Monday was Mashable’s biggest traffic day EVER in terms of unique visitors. CONGRATS @mashable team!! 21 hours ago via web · powered by @socialditto

    Tech blog TechCrunch, which is owned by AOL, and is now under the broad net of the Huffington Post Media Group, is no stranger to criticizing blogging peers, and while not on TechCrunch itself, one of the publication’s writers took to his personal blog to call Mashable’s approach “pathetic”. MG Siegler writes:

    Imagine that, you write 35 200-word posts featuring the words “Bin Laden” in the headline and they pull in traffic on the day it’s one of the most searched terms ever. 

    Were any of those stories really about technology? A few, maybe. But none were given the actual attention that a story of such magnitude deserves. It was a pure traffic/SEO play.

    This is the state of tech blogging these days. It’s shifting more towards a mixture of quick-posted nonsense and pure SEO plays.

    I (along with many others) can certainly see Siegler’s point (and for the record, I think he does a lot of good reporting), but I also think there are some flaws to it. For one, as some others have pointed out, TechCrunch has had its share of posts that could be seen in the same way (even bin Laden-related). That’s fine. That’s their choice.

    TechCrunch covering bin Laden

    Maybe they don’t do it to the extent that Mashable does, but they do it. It’s about covering hot topics. People search for hot topics. They’re hot because people are thirsty for information about them. Why is it bad if a publication wants to provide information people are seeking to their own readers?

    We’ve also covered some of the same storylines from the above Mashable list.

    If the issue is that the posts are too short, I’ve also seen plenty of very short posts from both TechCrunch and the Huffington Post. Sometimes posts don’t need to be long to get the point across. Sometimes readers don’t want a long post. Sometimes it’s enough to point the reader to the source. They want the heart of the story and then want to move on. We’re living in an age where there is simply too much information coming from all angles, and less time to consume it all.

    Doesn’t the Huffington Post owe a great deal of its own success to this kind of coverage?

    It’s also about growth. Why should a publication not seek to expand its audience? Clearly, this works to do so, as Cashmore’s tweet indicates.

    If Google had a problem with this, it wouldn’t have Google Trends. It wouldn’t have given sites like Mashable and The Huffington Post boosts in search visibility with the Panda update. Cashmore told WebProNews directly, Mashable’s Google traffic is “holding strong.”

    Search trends indicate demand for information. Why can’t a publication give its own readers such information, while seeking to expand that amount of readers in the process? If readers don’t like what they see, they’ll leave, and if they come back often enough and never like what they see, they’ll never come back. They might even block the domain from their search results. That’s not good for search.

    Any publication engaging in this kind of coverage, has to keep their core audience in mind, and still deliver on that. As long as they’re delivering on that, and not taking credit away from sources that deserve it, it seems like a legitimate practice to me. If the publication doesn’t deliver what its audience wants, it will stop having an audience. That goes more so on the web than on TV for example.

    Yesterday, I saw a headline scroll across the bottom of CNN about Jennifer Love-Hewitt breaking up with her boyfriend. This was FOLLOWED by a story about aid to victims of the tornadoes in the south. Clearly this is about more than just search. CNN, the TV station isn’t getting search engine traffic on this kind of stuff.

    Mashable has grown into a mainstream news source, despite its largely social media angle. A lot of people spend a lot of time looking at content there. Why should they not be informed of certain things while they’re already on Mashable. Or already on Facebook (seeing a Mashable update in their news feed)? Sometimes it’s not about breaking the news, as much as letting your audience know that the news (which a lot of people care about) has been broken.

    By the way, this is a strategy that has been in place for years (outside of the search factor) even in print. Think sports coverage in the Wall Street Journal.

    Another point is that new media publications like a Mashable or a TechCrunch or a WebProNews might bring a different perspective to the table than the traditional media.

    If it’s about reporting only when you’re on the scene, nobody was on the scene in the case of Osama. Every publication traditional or new media was regurgitating the information that was made available by the White House to one extent or another.

    Mashable has not stopped delivering on the kind of content that helped get it to where it’s at today. It’s just expanded. If you only want tech news from Mashable, they have a section for that. They even have a feature that lets you follow specific topics.

    Look at BuisnessInsider, which TechCrunch seems to let syndicate its own articles sometimes. It’s in a very similar boat, if not to a much greater extent. I don’t think it’s hurting that site either.

    There are numerous ways for people to consume the content they want. Cashmore himself said at SXSW last year, “People need to become more educated consumers of news.” That’s the truth.

    If a publication wants to expand its coverage, it has the right to do so, and its readers can make up their minds whether or not they want to read.

    Siegler says, “Welcome to the sad state of our industry.” Is it sad, or is important (or at least trending) information simply more accessible because of the growing number of publications covering it (many with unique angles or voices to bring to the equation)?

    Readers have more choices than they’ve ever had. Are they all great? No, but can’t you make that choice yourself?

    Do you think the news industry is in a sad state or in a better state than it’s ever been? Let us know in the comments.