TechCrunch acquired by AOL

If TechCrunch brings in $10M/year in revenues selling it for a one-time payment of $25M doesn't seem like a very smart move on Michael Arrington's part.

Maybe he is getting more out of this than is mentioned in the article?

in other news Afterdawn buys Aol.

Wow didnt no people still used AOL.

Originally posted by biglo30:

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Wow didnt no people still used AOL.

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Originally posted by Pop_Smith:

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Originally posted by biglo30:

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Wow didnt no people still used AOL.

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AOL, as an ISP, is long gone. They do, however, own a ton of websites like TechCrunch that probably generate them tens to hundreds of millions every year.

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Originally posted by DVDBack23:

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Originally posted by Pop_Smith:

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Originally posted by biglo30:

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Wow didnt no people still used AOL.

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AOL, as an ISP, is long gone. They do, however, own a ton of websites like TechCrunch that probably generate them tens to hundreds of millions every year.

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Exactly, they are still one of the largest portals in the U.S. (And they do actually still have some dialup customers).

As for Arrington's choice to take the $25 million, I think it has to do with the fact that he started the site with no venture capital, so the payout is pretty much all his.

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rss feed deleted then.

Originally posted by Pop_Smith:

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Originally posted by biglo30:

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Wow didnt no people still used AOL.

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AOL, as an ISP, is long gone. They do, however, own a ton of websites like TechCrunch that probably generate them tens to hundreds of millions every year.

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Originally posted by KillerBug:

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I think AOL (dial-up) still exists in some places...and you practically need a court order to shut it off, so a lot of unknowing people are probably still paying them money for some crummy dial-up from 1995.

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they own engadget and joystiq aswell. A pretty powerful force in the tech/games news industry.

Originally posted by shaffaaf:

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they own engadget and joystiq aswell. A pretty powerful force in the tech/games news industry.

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