Tech: TechCrunch sells to AOL: Now they can focus on writing
- They run the largest blogging network in the world and if we sold to them we’d never have to worry about tech issues again. We could focus our engineering resources on higher end things and I, for one, could spend more of my day writing and a lot less time dealing with other stuff.
- Techcrunch founder Michael Arrington • Explaining why he agreed to let AOL buy his company. Simply put – he thinks AOL’s content vision is really compatible with what the company already does. But the really interesting part? TechCrunch will be ensured editorial freedom from AOL. Arrington says that AOL CEO Tim Armstrong thought “was important that we feel free to criticize AOL when we think they deserve it. And the agreement we signed with AOL fully reflects this.” That’s a big deal. Who knows how much TechCrunch sold for? Who cares? Having such a strong backbone of support makes the whole thing worth it. source