TechCrunch has a new owner, again. Yahoo has sold the tech news site to the private equity firm Regent for an undisclosed sum, according to an announcement on Friday.
Regent is the same company that snapped up Foundry, the firm behind outlets like PCWorld, Macworld, and TechAdvisor on Thursday. Founded in 2005, TechCrunchhas experienced many shakeups in ownership after AOL acquired the site in 2010.
Oh good private equity. Well, any profits will be funneled out of tech crunch into their pockets, expect nothing new out of it, layoffs and cost cutting.
Even more if it was a leveraged buyout.
Techcrunch is officially dead folks.
It does not make me feel good that legit half of tech outlets are owned by one company.
Surprised it wasn’t Conde Nast
These companies still exist?