SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

CHANNEL BY TOPICS


QUICK LINKS




TechCrunch founder leaving AOL-owned blog

Associated Press Featured Article

September 12, 2011

TechCrunch founder leaving AOL-owned blog

By Associated Press ,

NEW YORK (AP) — Michael Arrington (News - Alert), founder of the popular technology blog TechCrunch, is leaving the blog and its owner, AOL, to work on the venture capital fund he recently started.


Arrington, 41, sold TechCrunch to AOL (News - Alert) nearly a year ago. When he and AOL CEO Tim Armstrong announced the acquisition last September, Arrington had said he expected to stay with the company for at least three years.

In a statement, AOL spokeswoman Maureen Sullivan said the "TechCrunch acquisition has been a success for AOL and for our shareholders, and we are very excited about its future."

"Michael is a world–class entrepreneur and we look forward to supporting his new endeavor through our investment in his venture fund," she said.

Arrington started his venture capital firm with an initial $20 million. Its investors include AOL as well as venture capital firms such as Greylock partners, Kleiner Perkins Caufield & Byers and Sequoia Capital (News - Alert).

Erick Schonfeld, who joined TechCrunch in 2007, has been named its editor.




View All Associated Press Articles
Featured White Papers





Technology Marketing Corporation

2 Trap Falls Road Suite 106, Shelton, CT 06484 USA
Ph: +1-203-852-6800, 800-243-6002

General comments: [email protected].
Comments about this site: [email protected].

STAY CURRENT YOUR WAY

© 2024 Technology Marketing Corporation. All rights reserved | Privacy Policy