Your Colleagues In the News

Product Hunt’s Success Begs the Question: What Is Tech News Even For?

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Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week, and tell you what you need to know, and why it matters.

The deal: Product Hunt, a site that where users can upvote new products every day, raised $6 million from Andreessen Horowitz at a $22 million valuation.

For as long as there’s been an Internet, self-proclaimed new media evangelists and armchair philosophers have been saying that online media was going to kill off the need for us “real” journalists. But even as dwindling ad revenue wreaks havoc on the news biz, here we are, still occasionally pulling in a salary — though every once in a while, some new service shows up to keep us journos in check. Read More

Your Colleagues In the News

Jason Calacanis Made a News Service For Tech Elites Because TechCrunch ‘Is a Joke’

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Jason Calacanis, tech investor and entrepreneur, is sick of tech news. Up until recently, he was spending hours a day reading the top tech blogs and learning “nothing,” so he hired someone right out of college to read them for him and make a spreadsheet.

“My instruction is to just cover the most important things in as few words as possible,” Mr. Calacanis told Betabeat. “No pull-quotes, no PR bullshit.” Read More

shameless rumormongering

Rumor Roundup: Ben Lerer Gets a Mandatory Surprise Birthday Party and Bill Clinton Makes an Accidental Coprophilia Joke

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Happy Birthday, Ben! CEBro of Thrillist Media Group Ben Lerer celebrated his birthday this week. His coworkers reminded him what a spritely young brosefstein he is by mocking up an old fake ID on a cake. Team Thrillist was also nice enough to honor their overlord by throwing him a surprise party, but, judging by the picture, they only ordered a single cake.

His week got even better when he was one of the few humans in the world get his hands on a gold iPhone 5S. So big week for you, Ben! You don’t look a day over “21.” Read More

Blog Lords

Former Friends of Michael Arrington Begin to Break the Silence on Alleged Abuse [UPDATE]

Arrington. (Photo via Flickr.)

Update, 4/8/13: Michael Arrington has responded with a denial of all allegations, and his ex, Meghan Asha, has issued her own denial of the allegations  “made on [her] behalf.” More here

On Monday, TechCrunch founder Michael Arrington’s ex-girlfriend publicly accused him of physical abuse and followed up with accusations of rape. As yet, there’s Read More

shameless rumormongering

Rumor Roundup: Rap Genius Cofounder Can’t Stop, Won’t Stop

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Real Genius Andreessen Horowitz invested $15 million in Rap Genius to help its Ivy League cofounders to annotate the Internet. But how much will they have to pay to rein in the braggadocious Mahbod Moghadam?

In a recent issue of Wakefield, a newsletter covering “tech and startup insight not captured elsewhere,” Maboo was up to his old shenanigans, volunteering information about a “feud” with Mark Zuckerberg, who also happens to be backed by Andreessen Horowitz.

Apparently, Mr. Moghadam was at Ben Horowitz’s home, “chilling” with Zuck and Nas as is the new mode of Silicon Valley socializing. (Mr. Horowitz happens to be close friends with Steve Stoute, Nas’ former manager.) Despite Zuck’s heightened privacy concerns (it’s complicated?) Rap Genius cofounder couldn’t resist Instagramming his good fortune. Read More

Post Post-Race

Let’s Talk About Race: Pattern-Matching Is As Real In Tech Media as It Is In Silicon Valley

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Twitter attempted to have a conversation about race and the tech industry yesterday. The loudest voices?  White men on either side of the argument shouting each other down. What got obscured along the way was just how much pattern-matching plays into the lack of diversity in the tech industry and the people who cover it and how that holds all of us back.

They almost made Jamelle Bouie’s point for him.

In a feature for The Magazine, Mr. Bouie examined why the mastheads of tech blogs like The Next Web, The Verge, Engadget and Gizmodo were overwhelmingly white and male. Rather than “overt racism,” he found a prohibitive combination of dependence on unpaid internships–and the network effect of a wired boys club whose members sometimes seem to be talking solely for each other’s benefit. Read More

Blog Lords

On Twitter, Mike Arrington Still Works At TechCrunch. Your Move, Arianna

Simpler times.

Mike Arrington has reportedly been fired from AOL, which currently owns TechCrunch, the blog he founded. That was the response to his demand, on TechCrunch, that AOL grant the site complete editorial independence or sell it back to him and the original stakeholders. Things are very much up in the air as to what will happen now that he’s been canned, but on his personal Twitter account, Mr. Arrington is going about business as usual.

“TechCrunch Disrupt update – There will be well over 2,500 people attending next week, shattering our previous attendance record of 2,100,” he wrote this afternoon. Like a proud father unable to handle the custody arrangement in a divorce, Mr. Arrington continues to use the paternal “our” in reference to TC Disrupt. Read More

shameless rumormongering

Rumors & Acquisitions: Hacker News Allegations, a Fast-Follow Start-Up, and Leave Groupon Alone!

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FLACKER NEWS. A week ago, someone uploaded this incendiary! infographic! to Pastebin and Imagur: “Hacker News and Y Combinator exposed as scam!” Betabeat does not know the origin of the image; we were sent the link today by a tipster. “In twelve months of observation (since before and after the recent re-factors), we have determined beyond a reasonable doubt that “Hacker News” uses the following techniques,” it says.  Read More