Tech writer Michael Arrington, who founded TechCrunch and sold it to AOL a year ago, announced last week he is raising a $20-million venture capital fund to invest in early-stage technology companies, reported The Los Angeles Times. Since then, he has been widely criticized for what many say is a conflict of interest and now the future of TechCrunch itself appears to be on the line. READ MORE
With over 100 billion photos uploaded to its site, Facebook has created a new way to make photo sharing more accessible for its users. According to TechCrunch, Facebook has leaked photos of its new photo sharing app for the iPhone, and TechCrunch’s MG Siegler says it’s “killer.” READ MORE
TechCrunch’s Michael Arrington wrote an interesting piece in April contrasting the bubble of 2000 with what he called the “Blubble” of 2011–dubbed so because of all the “whining going on.” He wrote that in 2011 venture capitalists are fighting rising valuations by declaring valuation bubbles which the press dramatically promotes. In 2000, by comparison, no one knew how to value companies that were trying to increase revenue by any means possible, even if it meant spending in excess of the money coming in the door. READ MORE
