it's kinda funny....Techcrunch makes it a point that they don't accept press releases...and they announce their acquisition with a press release.
He doesn't even mark up the press release with semantics. Not even header tags for subheadings. What is this?
Tim Armstrong: We Got TechCrunch
81–90 of 140 posts
Re: Tim Armstrong: We Got TechCrunch
#82Earlier quoted context omitted.
Sorry. The word 'fair' tends to get me going slightly, because I'm a competitive person. That word tends to be used by people as a crutch. For more: http://www.sirlin.net/ptw/ and specifically: http://www.sirlin.net/ptw-book/intermediates-guide.html If the state of California didn't think what Arrington did was right, there'd be a law. We've built up a system of rules, we all have to follow them, Mike did, so he's in…
The State has the right to determine what is legal; I reserve for myself the right to determine what is fair. I encourage you to do the same.
Re: Tim Armstrong: We Got TechCrunch
#83This is epic. For all the crap we give AOL, they really did a nice job with the Weblogs acquisition. A lot of those blogs are still around and the leaders in the field. I wonder a) what's happening to the amazing conferences b) and where Mike's future will be like.
Huge props to AOL for showing that a massive company CAN pivot and use their brand equity/buying power to maintain a successful business. Myspace, take notes.
Re: Tim Armstrong: We Got TechCrunch
#84Earlier quoted context omitted.
I'm not taking a position on Arrington. I just object to the idea that legality implies fairness, by definition.
"Conformity with rules or standards" is an established meaning of "fairness"; to make any other judgement, as the poster a few levels above did, requires one to take a position on Arrington.
Clearly it would be unfair to treat Arrington differently than the law requires. I think the charitable interpretation of the above poster is that he thinks the laws themselves are unfair. You may disagree, but arguing that what Arrington did is legal is beside the point.
Re: Tim Armstrong: We Got TechCrunch
#85Wonder who's going to scoop the TechCrunch buy out price, since that's usually TechCrunch's job.
See the 6th and 7th tweets here - http://www.businessinsider.com/calacanis-arrington-techcrunc...
Re: Tim Armstrong: We Got TechCrunch
#86Re: Tim Armstrong: We Got TechCrunch
#87Re: Tim Armstrong: We Got TechCrunch
#88This bums me out. A TC that can't call AOL a pile of dung isn't TC to me. I really enjoyed TC, and have a lot of respect for Michael Arrington. I don't blame him at all for cashing in. But this will decrease the quality of TC.
AOL owning Engadget and Autoblog, two blogs I visit daily, hasn't affected the quality one bit.
I think this will tame TechCrunch.
Re: Tim Armstrong: We Got TechCrunch
#89Re: Tim Armstrong: We Got TechCrunch
#90Wonder who's going to scoop the TechCrunch buy out price, since that's usually TechCrunch's job.
There clearly is some kind of earn-out, meaning that the founders get the whole money only if they stay long enough and/or if the business remains healthy. On stage, Mike Arrington mentioned that he'd stay for sure on board for 3 years, due to "incentives." So it's possible that the sale price is $25M upfront, with another $25M in 3 years. That would make both sources (one that says the price was only $25M, and one t…