5 ms·
TechCrunch worth $11 million less than last year
- hotshothenry 18y agoI guess bad publicity doesn't pay
- mrkurt 18y agoThey valued Ars Technica at $15 million, it sold for a rumored $25 million. That's not "very near" the predicted valuation.
- lionhearted 18y agoThe question of "what is something worth?" is answered with, "Whatever the highest bidder is willing to pay." Anyone who follows the economics of sports can show you that some contracts are absolutely ridiculous, and a team totally overbid. Likewise, sometimes really solid players get signed quite cheap. So it goes with acquisitions too: Sometimes an acquirer falls in love with a company or sees value they can add quickly and pays way more than people would expect. Sometimes a company needs to sell now and sells at a bargain. It can still be worthwhile to try to peg values on companies, but final sale prices usually will differ greatly.
- mrkurt 18y agoI don't disagree, but they cite the two sales from last year as validation of their numbers. The thing is, Ars sold for ~$25 million (vs a $15million valuation). I just looked up the PaidContent.org sale, and it looks like it sold for $30 million vs their $3.5 million valuation. Neither of those make them sound very credible. :)
- vaksel 18y agoIts probably even less than that
- TweedHeads 18y agoA one-man-show sustained on advertisement and pay-per-post?
- gsmaverick 18y agoI dont think TC's value went down this year. They had another successful conference and they got some more distribution deals. They have done fairly well even while Arrington is gone this month. I think they maybe have only lost a few million if anything. They also seem to have no problems selling their ad spaces either.