Nontreprenuers, rejoice! Memorably described by Nick Carr as the "Madame of the Web 2.0 Brothel", TechCrunch founder Michael Arrington is launching a $20m VC fund to invest in the kind of frivolous built-to-flip web startups pimped by the blog. The fund is backed by AOL – which is also owner of TechCrunch. However Arrington …
WHO ARE THEY?
Joke icon for obvious (albeit shit) reasons.
They were right about Chrome
And Dziuba was wrong - I'm not sure why you're highlighting that. Techcrunch picked up on Google strategy, and El Reg argues over the technicalities.
A few big winners and a bag of losers - that's the nature of VC. The companies that Techcrunch cover may well die, but they're about people taking a shot at something - which is more than can be said for the endless drones in corporate IT.
And they also cover where the money is going, whereas the music and media coverage here is mostly about old men crying over spilt milk.
The Emperor's New Clothes are shiny and wonderful
The bubble coverage at TechCrunch is for people who want to profit from the bubble. Shoreditch W*nkers mostly. The Reg is more reality-based.
You'll never get Arrington call Web2.0rhea for what it is.
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