How Is Your Blog Doing? TechCrunch Sells For $25 Million
2010 September 28
According to several reports the blog TechCrunch has sold to AOL for “only” $25 Million.
TechCrunch has become a go to source for ground breaking internet news, and we hope that continues somehow despite the apparent sale to a huge mainstream media company.
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My blog is doing very well–thank you very much for asking
As you know,when someone bought myspace or techcrunch or bankrate, their sites become so BS.
It loses the “personal” touch–remember myspace.
AOL also owns Engadget.com and they didnt mess it up when they bought it. hopefully they wont screw up TechCrunch either. TechCrunch is one of the top 5 blogs in the world. Mashable is rumored to be valued at over $100 million and so is Huffington Post. How could this sell for only $25 million. Was there stock involved on top of the $25 m?
Well, my blog just started this year; it took me a bit to create my own code, because I’m a stinker that way.
But, uh, ArsTechnica.com and IntoTomorrow.com are the ways to go for tech news. TechCruch.com was okay, though.
dtp
Just to add to the real conversation, though, if I was to buy a blog, and the people did not come with it, the value falls pretty quickly.
dtp
I heard $30 million and it will do fine. They bought Endadget and didn’t skip a beat
Ben Franklin, Abe Lincoln and Market research shows…
.ONLINE is one of the most desired TLDs running a close second to .INC
Who will own ? America.Online
My blog isnt doing too well – but i just started it 2 weeks ago – and im trying to create a decent .co blog – using a theme at the moment till i get time to do my own coding…
“only” 25 million… jeez – thats a nice hunk of change – for any blog – I’d be more than willing to get 1/25 of that price anyday!
others say the TC’s selling price was only $5M
however, in the past, we have seen many other websites sold at higher prices
anyhow, don’t forget that TC sells its smallest ad spaces at $15,000 per month
Techcrunch doesn’t sell just the website. It has also Techcrunch Disrupt which is one of the most known startup conference in the world (where startups are launching). That is also very valuable.
The team will continue with the new Techcrunch at least 3 years and that includes the owner of the site.
Techcrunch does $10 milion/year revenue with about $3,5 million profit. So, selling the site for about 10x the profit isn’t that bad.
You should eyeballing at this sale which happened 2-3 years ago: http://thenextweb.com/2008/10/04/financial-blog-bankaholiccom-acquired-for-a-mere-15-million/ (and that didn’t have a team behind or a conference)
latest rumors say that TC’s selling price has been $60 million!
Mircea, I was the seller of Bankaholic!
AOL has already bought also Engadget, that’s another leader IT blog… did they want to build an IT news monopoly?
shouldn’t take them long to kill it
aol are good at that
incidentally i thought they sold too cheap
has 10 million a year revenues for christs sake
“has 10 million a year revenues”
no, the TC’s annual revenue should be in the $2 to 3 million range
i think arrington could make more money in the domain auctioning game… but i guess it got too “evil” for him?