Lacy, Arrington starting new tech news site
Matt Lynley of Business Insider reports that former TechCrunch managing editor Sarah Lacy and founder Michael Arrington are working on starting a new tech news site.
Lynley writes, “A source close to the situation says the project will be ‘different’ than TechCrunch because it will be Sarah’s site, not Mike’s site, and Sarah and Mike have different approaches. (Sarah is famous for her books and other long-form journalism, while Arrington is a consummate news-breaker and provocateur).
“But the site is clearly hoping to fill the vacuum created when TechCrunch imploded a few months ago.
“We’re assuming that Arrington’s $20 million venture fund, the CrunchFund, will be an investor in the company (perhaps the sole investor). We’re also assuming that Arrington and MG Siegler, another former TechCruncher who bailed on TechCrunch, will contribute (though he still contributes to TechCrunch as a columnist).”