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Type of site
|Technology news and analysis|
|Headquarters||Bay Area, United States|
Verizon Media (2019-present)
|Created by||Michael Arrington, Keith Teare|
|Launched||June 10, 2005|
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by partners of Archimedes Ventures, Michael Arrington and Keith Teare, and was acquired in 2010 by AOL for $25 million. TechCrunch is also best known for its Disrupt conferences, an annual technology event hosted in several cities across United States, Europe, and China.
TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Since the acquisition of AOL and Yahoo by Verizon, the site has been owned by Verizon Media.
TechCrunch France was folded into the main TechCrunch.com site in October 2012.
In August 2020, COO of TechCrunch, Ned Desmond, stepped down after 8 years in the company. He announced that he would join venture capital firm, SOSV in December 2020 as senior operating partner. His former role at TechCrunch has been replaced by Matthew Panzarino, former editor-in-chief, and Joey Hinson, director of business operations.
Startup Battlefield is a startup competition. Monetary awards are presented at the TechCrunch Disrupt conferences. Notable startups that have been involved in the competition include DropBox, Intuit Mint, Yammer, and CrateDB.
From 2007 to 2015, TechCrunch operated Crunchbase, a website and online encyclopedia of information on startups, key people, funds, funding rounds, and events. In 2015, Crunchbase spun out of TechCrunch to become a private entity, and is no longer a part of TechCrunch.
From 2007 to 2017, TechCrunch sponsored the annual Crunchies award ceremony to award startups, internet and technology innovations. The ceremonies were compared[by whom?] to those of the Academy Awards. At the first award ceremony in 2007, Facebook won the award for best startup. Due to controversy[clarification needed] surrounding the awards, TechCrunch announced in 2017 that it would end the Crunchies.
The company was criticized for allowing developers to present the Titstare application, created by participants in a hackathon at TechCrunch Disrupt 2013. The application allows users to "stare at tits".
In 2011, the site's editors and writers were criticized for possible ethics violations. These included claims that Arrington's investments in certain firms which the site had covered created a conflict of interest. The controversy that ensued eventually led to Arrington's departure, and other writers, including Paul Carr and Sarah Lacy, followed suit.