When GigaOm first reported the rumors earlier this week that AOL was buying TechCrunch, I thought for sure it couldn’t be true. While AOL owns a number of blogs like Engadget (tech) and Joystiq (video games) already, I just couldn’t wrap my head around why Michael Arrington, the owner, would sell.
“The truth is I was tired. But I wasn’t tired of writing, or speaking at events. I was tired of our endless tech problems, our inability to find enough talented engineers who wanted to work, ultimately, on blog and CrunchBase software.” – Michael Arrington, on why he sold.