What is the Future for TechCrunch?

Who knew that back in 2005, Michael Arrington’s geeky tech blog would become what it is today. Err…what it was yesterday?

Today’s departure of Editor in Chief, Erick Schonfeld has been just one of a stream of top talent.

Earlier this week, popular blogger and TechCrunch TV host Jason Kincaid also announced his departure.

Paul Carr openly threatened to quit at one point. And then he did so in a blog post on TechCrunch. Erick then accepted his resignation in a followup blog post.

TechCrunch CEO, Heather Harde bailed out in December.

And then there was this big guy. Michael Arrington’s infamous public exit saga.

There are still a handful of talented, interesting bloggers at TechCrunch. However, the herd is much thinner now. I would expect it only to get thinner as the remaining crew is tempted with outside offers.

I think most would agree that the idea of an old school company like AOL buying a wildly independent site like TechCrunch was a mistake. They have no business owning a property like that. Consequently, the reasons why have shown themselves in the continued exodus.

25 Most Valuable Blogs on the Internet

A site called 24/7 Wall St. put together a list of the 25 Most Valuable blogs on the Internet.

The top 10 (of 25) include:

1) Gawker
2) MacRumors
3) Huffington Post
4) PerezHilton.com
5) TechCrunch
6) Ars Technica (tie)
6) Seeking Alpha (tie)
8) Drudge Report (tie)
8) Mashable (tie)
10) GigaOrn

Perez was valued at $48 million, and the Huffington Post at $70 million, just to name a few. At that point, I really would have to ask myself, why not sell those properties ASAP? I’d want to take my money and run!

You could live off of the cash and investments for the rest of your life and live luxuriously.

Then again, a site like Perez could probably bring in more than that for the owner over then next few years. And let’s face it, no one else could over own that site but Perez himself.