TechCrunch Wants to Merge With Blogosphere, Kill CNET

|

mikearrington.jpgWe've argued that there will soon be a big blog-network consolidation wave. We've argued that big media conglomerates will eventually start scarfing up the leading blog networks. We've argued that someday TechCrunch might sell to CNET for $100+ million.

But we're apparently wrong! TechCrunch doesn't want to sell to CNET. TechCrunch wants to kill CNET. How? By merging with a bunch of other leading blogs and blog networks, raising a bunch of money, and burying the bastards.

TechCrunch proprietor Mike Arrington outlined his world-domination plans last night in a rambling manifesto. He included some patented TechCrunch attention to detail--at the beginning of the post, we, Silicon Alley Insider, Inc., were said to be raising $2-$3 million and at the end we were said to be raising $3-$5 million--and he shared the secret blogging formula that has made TechCrunch the industry standard: Don't just report news--haul off and belt people in the nose! (We remember when he did that to us! Ouch!)cnetlogo.gif

Anyway, the point of Mike's manifesto was to tell us and other blog networks not to raise $2-$3 million or $3-$5 million or whatever, but to merge into a blog dream team and crush CNET. Because if we do raise a bunch of money, Mike says, we'll set a sky-high valuation benchmark, and then we won't be able to merge anymore.

Well, Mike, we must admit we're not 100% averse to setting a sky-high valuation benchmark, but we do like this merging concept, at least in theory. We also like TechCrunch, so we'd be happy to talk. We'd even be happy to kill CNET with you if that's really the goal, although we would secretly hope that we could find more interesting things to do.

So let us know where/when we can grab a beer and discuss this dream-team world domination plan. In the meantime, we'll continue to raise our $2-$3 million or $3-$5 million or whatever, set our sky-high valuation benchmark, and explore our (many!) other strategic alternatives.

See Also:
Blogs are a Disruptive Technology
CNET To Buy TechCrunch for $100 Million?
TechCrunch $100 Million? The Outrage!
Business Magazines Getting Clobbered

< Prev. Story
Next Story >

17 Comments

Pretty funny you guys post this the day I decide to remove techcrunch.com from my browser homepage and put you as my homepage.

The Blog Dream Team, very cool, that's what bloggers in the spanish bloggosphere are learning to do in order to compete with alt1040

Typo: "sky-high valiuation benchmark"

Henry Blodget said:
Thanks. Fixing...

heddy said:
Arrington is rapidly losing his grip on whatever reality he once had some kind of tenuous grasp on. He's no journalist; he's a hype machine, used and abused by plenty for precisely that reason. It would be a scary world where he was in charge of determining the news.

insider said:
Say it ain't so, Joe!

SAI, you are a world-class professional news, information, research and opinion provider. Be patient. In the not distant future, you will think about merging with TechCrunch... and you will just chuckle.

Chris said:
Alright, so he was loose on details. But he also says that riasing money means the salad days of helping each other with links and civility (!?) are over because there's too much to lose and he sounds a little sad about it. You're hardly proving him wrong, even with tongue-in-cheek.

Of course, he's been down this road before, a little - http://www.techcrunch.com/2007/05/22/silicon-valley-could-use-a-downturn-right-about-now/

what took so long for this to happen guys. you are making me lookk bad. It took so long I can't remember who I bet $1 with on Arrrington;s demise to you.

Even if the top blogs join together to take on cnet. if they take cnet's place the same cycle could happen all over again eventually as new bloggers with talent start to rise up against the new giant.
It could end up being a cyclical system.

Well, there is one thing that CNET has that TechCruch needs: Journalists.

The writers already merged, it's called the Internet.

Hey Henry and Peter and Dan and team: I just want to let you know that I'm jumping ship for Mike's Dreamteam.

http://innonate.com/2008/03/19/i-want-in/

;-P

Agree consolidation, at least on the tech blog side, is inevitable. CNet has a very successful model for attracting good writers/bloggers. Going to be hard to beat!

-Stiennon

celia charon said:
another weird arrington post...and as you and rafat note, his "accuracy" is again wildly off the mark. techcrunch is becoming less & less relevant.

Arrington needs more sleep and a good editor.


Norm said:
splendid.. merge every major blog together, give us an rss feed that refreshes every 30 seconds with a new article.. (!)
here is my advice;
stay as separate sites, but come up with a rating system (like digg or technorati's "authority") among your articles and make a widget for your combined feeds..
so give the community the ultimate blogging feed widget that parses feeds from many sites at once and gives the reader the content he wants according to his/her settings.. the settings could be a combination of ratings, categories, websites..
like; give me 10 feed items every half an hour.. 3 of them must be from this site, remaining 7 should be under the hardware announcements category from all available sites with a rating of at least 5/10
and so on..
just come up with a way to make rss not so "really simple"

"Anyway, the point of Mike's manifesto was to tell us and other blog networks not to raise $2-$3 million or $3-$5 million or whatever, but to merge into a blog dream team and crush CNET. Because if we do raise a bunch of money, Mike says, we'll set a sky-high valuation benchmark, and then we won't be able to merge anymore."

You have to wonder what he was drinking...one of the most bizarre posts I've ever read on TC. How about where he accuses bloggers of being too competitive with each other to backlink for fear of being "crushed", then calls on his "dream team" to merge in spite of that little problem? SAI's take on it is entertaining all the same - in fact, much funnier than the post that inspired it.

Sux said:
Notice how all this attention on merging blogs comes at the same time the blogs are trying to either sell the company or raise funds. Wake up folks. Like any other newspaper/magazine, the value of these blog networks are the writers. To the potential buyers, you better have strong retention programs and really believe in the bloggers' work if you want to realize any value.

"Well, Mike, we must admit we're not 100% averse to setting a sky-high valuation benchmark, but we do like this merging concept, at least in theory."

HAHAHA - HENRY! I thought you had issue with sky-high valuations. You have been so conservative in the past..thanks for the chuckle...(actually, more like a guffaw-fest)

Andrew
The Disciplined Investor
http://www.thedisciplinedinvestor.com/blog/2008/03/01/financial-jargon/

Join the discussion


Type the characters you see in the picture above (just to make sure you're a human).
All Content © 2007-2008 Silicon Alley Insider, Inc