TechCrunch Merges With Fucked Company, Changes Focus
If you’re new here, you may want to subscribe to the RSS feed of Startup Meme.
Techcrunch has just announced (what others were gossiping about) that they have acquired Fucked Company in a stock for assets transaction. I would call it a merger since they are reporting that the traffic at both the sites is almost the same size. The press release will be coming out shortly.
Fucked Company focuses on bad news (going bust and failures etc) about startups where as TechCrunch focuses on the positive ones (mergers, acquisitions, fundings, milestones etc). This is a terrific move and will ensure that they cover news at all times, both good and bad. Because in order to cover news you got to have it in the first place, and Techcrunch might run out of news to cover if the bust sets in.
This has also started a cycle of mergers and acquisitions that Mike hinted at on bringing Heather Hardee in as CEO of TechCrunch. The No 1 Startup Blog is really becoming a publishing company fast. However it saddened me a little bit, because the move hints that TechCrunch is now betting on a bust and will no longer be covering startups
Entrepreneurs with new ideas will always have a way to reach potential users and customers. They just won’t be able to do it here any more.
That will be a big shock to many.
Tags:acquisition FuckedCompany TechCrunch
Subscribe
Related Posts
Top 5 April Fool ‘Technology’ Jokes of 2007Technorati Searching for CEO, Looking for Buyers
Top 5 Startup Focused Blogs
ZenZui: A New Mobile Web Interface From Microsoft
Google Acquires DoubleClick for $3.1 Billion in Cash
MySQL Going For An IPO
Yahoo Pulls The Plug on Yahoo Photos In Favor of Flickr
eBay To Buy StumbleUpon, The Better AdSense The Better Digg
Sonopia Lets You Build a Mobile ‘Social’ Network
TechCrunch20 Officially Launched
Comments
Comment from Hanford
Date: March 31, 2007, 6:15 pm
I am pretty sure you’ve been bit by TechCrunch’s April Fool’s joke.
Comment from Alexander Muse
Date: March 31, 2007, 7:15 pm
He got you… (unless you were in on it too)!
Comment from admin
Date: April 1, 2007, 3:13 am
I really think i got fooled 
Pingback from Startup Meme » Top 5 April Fool ‘Technology’ Jokes of 2007
Date: April 1, 2007, 4:25 am
[…] 1. FuckedCompany: In a striking move Techcrunch announced that they have acquired FuckedCompany and the two sites will be merging, thus doubling the TC traffic. If this wasn’t enough they announced that “Entrepreneurs with new ideas will always have a way to reach potential users and customers. They just won’t be able to do it here any more.” I played into it because of the recent hiring of Heather Hardee as TC CEO. It was covered here. […]
Write a comment