TechCrunch As We Know It May Be Over
This is a post I never thought I’d have to write. Unfortunately, I do. And the worst part about it is that it should be Michael Arrington writing this post, not me.
But he can’t.
TechCrunch is on the precipice. 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.
AOL, a name once synonymous with getting online now seems like a blundering, staggering behemoth that annihilates anything it touches. Sad.
Mike Arrington responds to this in another article:
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.
We’ve proposed 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.
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.