If you haven’t heard the news yet, Techcrunch has a shiny new house. After years under the property of Yahoo – which in turn is supported by Apollo Group – the brand is now in new hands. The new parent company: Regent, a dynamic private equity company with a varied portfolio about media, retail and production. Regent was founded 12 years ago by Michael Reinstein, a personal one-off starting founder who quickly realized that he would have a better future as a PE director and who has an unmistakable passion for Techcrunch.
Although the financial conditions are not known, one thing is clear: Regent acquires an iconic brand. Techcrunch is not just a technical news site; It is the most influential voice that is described in Silicon Valley and beyond. It has long been seen as in Techcrunch. We absolutely want to give everyone a chair in the front row to the future of technology. Whether you are a founder, an investor or someone who is curious about how technology reforms the world, we help you to see what the next step is by reporting the news and then putting together the pieces to share the larger whole.
The best part: this deal is structured to ensure minimal disruption of the activities of Techcrunch. You can almost think of it as a software update than as a system overhaul. In San Francisco and New York we go to new offices by Regent. (See you soon, financial district; Hello, Soma!) And Yahoo does not fully connect the tires – it keeps a small interest in the company. (What can we say? It is difficult to let go of Techcrunch.) Due to my personal thanks to the Yahoo CEO Jim Lanzone, who has been an incredible mentor and sounding board and for whom I am deeply grateful.
But this is what really matters: the same team of expert journalists you know and who trust will continue to bring you the must-read stories from the technical world. Without a doubt this is the strongest Techcrunch team that we have ever had, and we were lucky to work with a great talent over the years.
Techcrunch has been the core of Silicon Valley since Michael Arrington and Keith Tre founded it in 2005. With the continuous support of our readers and advertisers, we have dealt with every major technical trend, every billionaire fight and every industrial stir. And we have just started. Many of the founders and managers we have written about over the years now form the policy in Washington, and we will be there, reporting about what happens next.
Yahoo decided to sell Techcrunch because our DNA is ultimately simply different from the rest of his portfolio. While Yahoo Sports, Yahoo News and Yahoo Finance excel at Aggregation, Techcrunch always focused on original reporting and news analysis. The timing of the sale is also logical. Although a large part of the news industry has been beaten in the face by a large number of challenges of summaries generated to the evolution of Twitter to X-Het Techcrunch the trend last year, the readers of readers steadily. Our secret? We have put the readers first, deliver must-know news without bias and show the wild, often ridiculous, human side of the technical world.
As close followers of Techcrunch already know, this is not our first Rodeo when it comes to new property (we all still have SWAG from Aol and Verizon). But what was the most important thing in this transition was to ensure that our team retains freedom and support to do what we do best. With Regent we have exactly that.
So for Yahoo, thank you for keeping us a few more difficult times. And for Regent, we love your enthusiasm for what we do and we are delighted to start this next chapter with you. Let’s do this now.
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