Lacy launches tech news site

Business journalist Sarah Lacy has launched a new tech news site called Pando Daily, writes her former TechCrunch boss Michael Arrington, who invested in the site.

Arrington writes, “Sarah could call her new site anything she likes and it would still be something amazing and special. She talks about taking the best parts of TechCrunch – the relentless quest for the story that matters most that day, the loyalty to readers and the community, and something else – a competitive hunger that made her want to throw computers through windows when something slipped by her. That was rare, and I never saw her throw a computer, but I know she wanted to.

“Much more often, though, Sarah was one (or ten) steps ahead of her competition and not only broke the story but worked it over and over until she’d bled every last drop of blood out of it. I hope to never be on the other end of a Sarah Lacy story, because I get the feeling she’d do anything to get the facts she wants.

“Pando Daily has a single overriding goal – to be the paper of record for Silicon Valley. That means every story of importance will be covered with an unbiased look at the facts. Along with a healthy dose of the analysis that you’ve already come to expect from her and the people she works with.

“There’s a big void in Silicon Valley right now, and I believe readers are aching for something to fill that void. Pando Daily is going to do that.”

Read more here.