AOL Acquires Huffington Post

ugh thank god

also wow @ schonfeld

http://twitter.com/#!/erickschonfeld/status/114839470183944193

http://twitter.com/#!/myspacetom/status/114829734516498433
http://twitter.com/#!/myspacetom/status/114830230518112257

http://techcrunch.com/2011/09/16/back-to-our-regularly-scheduled-program-posterous-raises-5-million/

Um, oh hey guys, what’s up? Nothing much over on my side, except that I’d really like a Diet Coke. Also, I’m hearing that nascent photo sharing app née blogging platform Posterous is raising some money. So yeah that’s what’s up over here in my neck of TC HQ.

Chew on this if you’re in the mood for some actual tech news; the simple blogging service and Tumblr competitor has just raised $5 million in Series B according to multiple sources. Taking part in the round will be Redpoint Ventures, newcomer Jafco Ventures and existing angels.

oh man

meanwhile

http://twitter.com/#!/paulcarr/status/114840198164123648
http://twitter.com/#!/paulcarr/status/114840556500299776

the film of this would made by aaron spelling rather than aaron sorkin

XD

http://twitter.com/#!/alexia/status/114832530674421760

re diet coke

hmm

i guess paul carr got her a lot of diet cokes?

if so that is kind of sweet

Man I wouldn't blame this Eric guy for trying to cut a deal to keep his job, it's gotta be hard to find a W-2 writing job.

Which is to say we shouldn't be surprised that people opt to continue getting paid to eat shit sandwiches in many situations.

Though obviously everyone involved here is a big ol drama queen

http://twitter.com/#!/parislemon/status/114841836761251840

Yeah, it sounds like 1. Arrington clashed with Huffington 2. Schonfeld stepped up because let's face it who wouldn't 3. Arrington's chums went feral for some loyalty-based reason I still can't get a grip on

xp loooooool

lol

http://www.crunchbase.com/assets/images/resized/0005/3784/53784v7-max-250x250.jpg

p sure that's just phil and clare out of modern family

http://techcrunch.com/2011/09/16/paul-i-accept-your-resignation/

loving these URLs

Michael Arrington · Top Commenter · Founder at TechCrunch
This is just sad.
Reply · Like · Follow Post · 2 minutes ago

looool

Is the startup culture actually producing anything of value (either monetary or social)? I mean, Instagram, Twitter, etc., but what else has come out of this environment that's either making money or being widely used?

(and those two didn't come out of the TechCrunch/ycombiner/etc. world anyway, right?)

there's def good stuff out there, like sparkrelief (http://www.sparkrelief.org/) or hand things down (http://beta.handthingsdown.com/iphone/index.html), mytab (https://www.mytab.co/), and dradt (http://www.disasterrelief.cc/) is being used pretty heavily in texas right now since the fires.

making money or widely used is a different question, though.

imo the best and most interesting startup stuff is happening in nyc and dc. in dc especially, a town already full of do-gooders, social entrepreneurship is a big deal.

ime ppl in silicon valley wanna build the next facebook or groupon, ppl in dc wanna ~change the world~ and shit.

that's an interesting distinction

imo the best and most interesting startup stuff is happening in nyc and dc.

what nyc startups do you think are doing cool things?

i really like getaround (http://www.getaround.com/) and banksimple (https://banksimple.com/) who i count as ny even if they're in portland now.

i've heard of banksimple b/c alex payne, but i don't know anything about getaround. will check it out -- thx

np

notably, most of the cars on getaround are in california. silicon valley has the early adopter culture going for it, at least.

http://parislemon.com/post/10309036779/what-needs-to-be-said

Also the truth: AOL has not reached out to me once in this entire situation. You’d think they might care about something like that. Evidently, they don’t. I’m not losing any sleep over it, but it’s curious.

There is exactly one person to blame for all of this — and her name is not Erick.

http://twitter.com/#!/arrington/status/116572764739084290

D- zing tbh

i don't think he's zinging anyone

http://uncrunched.com/

http://techcrunch.com/2011/09/26/aut-viam-inveniam-aut-faciam/

Apparently my former colleague and fellow Diet Coke fiend Paul Carr is founding a startup post-TechCrunch, instead of heading back to professional blog jockeying like the rest of us pixel-stained wretches. Yay Paul.

So what on earth is it already? Well Carr himself told me that the startup is a media-play, traversing the intersection between old media and new media — “the third way,” as he puts it. Okay.

^ lol

Public executions of leaders tend to have a severe chilling effect on whoever takes over, and Arianna Huffington is, without a doubt, the current editor in chief of TechCrunch.

http://uncrunched.com/2011/09/29/aol-techcrunch-one-year-anniversary-a-look-back-and-a-look-forward/

this will end well

kinda wish it had already ended

otm

man the whole startup scene is so vapid and inane and i have no idea outside of like a couple thousand people looking to get rich why anyone is interested in it at all myself included techcrunch is a disgusting piece of shit and so is huffpost

2. ...???
3. profit

http://startupers.com/

^ i like this a lot tho

lol

http://techcrunch.com/2011/10/03/mg-siegler-will-become-our-apple-columnist-and-join-crunchfund-as-a-vc/

!!!

did not see that coming