<![CDATA[Gawker: valleywag, venturebeat]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, venturebeat]]> http://gawker.com/tag/valleywag/venturebeat http://gawker.com/tag/valleywag/venturebeat <![CDATA[The Twitterati Help Us Realize What Blueprint Cleanse Tastes Like]]> Twitter is like a real-time conversation! And just like many conversations, sometimes you want to cover your ears, Eric Eldon, Micki Maynard, Ellen McGirt and others teach us:

New York Times Detroit bureau chief Micki Maynard pursued her love of U2 to absurd lengths.

Ultrapretentious startup consultant Chris Sacca got excited about a nude wedding.

Marie Claire features editor Lea Goldman contracted the Blueprint Cleanse flu.

VentureBeat snooper Eric Eldon listened in.

Fast Company writer Ellen McGirt made an obscure Blueprint Cleanse reference, we think.

Did you witness the media elite tweet something indiscreet? Please email us your favorite tweets — or send us more Twitter usernames.

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<![CDATA[The Twitterati Get a Shot of Lidocaine at Their High School Reunion]]> Life in the media is rough. CNET's Natali Del Conte got stuck in the foot, while Fox's Nancy Loo suffered a wound in makeup. These and other reports of suffering from the twittering class:

CNET video correspondent Natali Del Conte kicked back.

New York Times media reporter Brian Stelter was an eyewitness to injustice.

Mancunian editrix Louise Bolotin sang her heart out.

VentureBeat editor Eric Eldon found a benefit to his Facebook obsession.

Fox Chicago anchordame Nancy Loo suffered for her art.

Did you witness the media elite tweet something indiscreet? Please email us your favorite tweets — or send us more Twitter usernames.

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<![CDATA[The Twitterati Head South, not to Mention Southwest]]> Can you destroy — or cement — your professional reputation in 140 characters or less? On Twitter, it's easy! Watch and learn from ABC's Jake Tapper, ex-Wonkette Ana Marie Cox, VentureBeat's Eric Eldon and others:

TechPresident's Micah Sifry leaked Obama Web guru Katie Stanton's complaint about government bureaucracy.

Boing Boing adventuress continued her travels in Africa.

Jake Tapper, ABC's resident hunk of red hot newsmeat, gave an incomprehensible update about President Obama's quest for culinary knowledge.

VentureBeat blogger Eric Eldon exemplified the South By Southwest work ethic.

As did Air America radio hostess and frequent alcohol seeker Ana Marie Cox.

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<![CDATA[Hipsters Are Ruining Twitter, Say Hipsters on Twitter]]> Dear Facebook employee: If you're going to do something obvious and cliché like wearing cowboy boots to SXSW's geek spring break, please have the decency not to tell Twitter about it. Other Twitter idiocies today:

VentureBeat blogger Eric Eldon, who lives in the hipster San Francisco neighborhood of the Lower Haight and rides a hipster bicycle to other hipster neighborhoods and wears hipster glasses and has a hipster job and is generally in denial about being a hipster, criticized hipsters and their cowboy-boot affectations, just in time for them all to pack up their cowboy boots and fly to Austin for SXSW.

Facebook platform manager Dave Morin, who lives in the San Francisco hipster neighborhood of North Beach and is in such denial about being a hipster he doesn't even realize he should be in denial about being a hipster, packed up his cowboy boots and flew to Austin for SXSW.

Cutie-pie CBS Internet correspondent Natali Del Conte got stalked in Texas by Luke Wilson and Paul Rudd.

Chris Lehmann, better known as Mr. Wonkette Emerita, grokked a fundamental truth about Del Conte and Morin's destination. (Psst, Chris: SXSW has hotels, a complete lack of boot-ruining playa dust, and better food. But other than that, you're on to something there.)

Hipster-mongering Details editor Daniel Peres doesn't read Gawker unless told to, Columbia J-school student James Sims, who we suspect is himself a hipster, wrily noted.

See something worth noting on Twitter? Please email us your favorite tweets — or send us more Twitter usernames.

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<![CDATA[The Twitterati Destroy the News]]> Credulous bloggers think Twitter will make more money than newspapers! That's a low bar. In the meantime, the media's Twitter addicts from the New York Times to ReadWriteWeb prove how value-free the status-updating service is:

ReadWriteWeb tech blogger Marshall Kirkpatrick got really excited about a Liberian paper's summary of an English translation by AOL of a Colombian magazine's weeks-old story about a romance between Mexican billionaire Carlos Slim Helù and Jordan's Queen Noor, which was shot down by Slim's spokesman the day it appeared in Mexico City tabloids.
East Village Idiot blogger Chris O'Leary was unimpressed with Newsweek's redesign.
Rachel Sklar, Dan Abrams's gal Friday, fled an advertising-free New York.
VentureBeat blogger Eric Eldon heard that Facebook might change its homepage at some point in the future.
New York Times please-don't-call-him-a-blogger Brian Stelter played videogames in the middle of a workday.
Anyone else's tweets we should keep an eye on? Send us more Twitter usernames, please — or email us your favorite tweets.]]>
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<![CDATA[My evening with Elon Musk]]> I confess: I completely missed the Tesla Roadster parked outside when I walked into Joey & Eddie's, the San Francisco watering hole where Valleywag used to hold weekly meetups with readers. But there was no mistaking the guy parked at the bar: It was Elon Musk, the CEO of Tesla Motors. He had driven up to surprise me at the behest of Adeo Ressi, the founder of VC-ratings site TheFunded.com, who was Musk's housemate in college. Matt Marshall, the editor of VentureBeat, also dropped by. Musk pressed a set of keys on me and offered a Tesla test drive; I turned them down. Honestly, I figured I'd crash the thing, and I didn't want to put a further dent in Tesla's already parlous cash balance. But I finally agreed to go for a ride with Marshall. How was it, you ask?

Kind of boring. If you like amusement-park rides, you'll love the Tesla Roadster. If, like me, you sit there calculating the infinetesimal odds that the operator's insurers will allow a rollercoaster to actually pose any real danger to you, you'll hate it. I spent the ride up to Coit Tower and back thinking about how much coal was burned to generate the electricity now being thrummed away by the Roadster's motors.

Back at the bar, Musk was affable enough, considering I've hinted he's taking out his midlife crisis on his employees and may be scheming to take over Tesla Motors completely by running it into bankruptcy. He laughed at the last idea, and then thanked me for the suggestion, saying he hadn't thought of that particular financial maneuver.

Musk still blames cofounder Martin Eberhard for Tesla's current straits. When Tesla raised its fourth round of funding in 2007, Musk says, Eberhard, then CEO, told investors that the Roadster's cost was $65,000, giving it a $25,000 gross margin. "It's right there on the slide, with Martin's name on it!" Musk told me. The company, he adds, was already in the middle of a search for a CEO to replace Eberhard.

A private-equity firm which had invested in Tesla sent some consultants to help Tesla sort out supply-chain issues, and they found that the Roadster's parts actually cost the company $140,000. "We might as well have sent customers $50,000 and saved the bother of making the car," said Musk. Former Flextronics CEO Michael Marks, a Tesla investor, confirmed their findings — and that's when Musk decided to fire Eberhard and replace him temporarily with Marks. Just as now, the company's cash position was running low, and Tesla tapped existing investors for new funding, despite having just raised a round. He revealed none of this at the time, he says, because it would have jeopardized the company's ongoing CEO search. (Not that that worked out particularly well; Musk installed Ze'ev Drori, then replaced him last month.)

That's Musk's version, anyway. I'm skeptical, if only from experience with Musk; when he was running PayPal, I remember him making statements that company insiders told me didn't match the facts. But as he was leaving to drive back to the Valley, Musk mentioned that his divorce from his sci-fi novelist wife Justine was a mutual matter; he got the paperwork in first, but she was getting ready to file papers, too. That, at least, checks out. I'm still not sure if I should trust Musk's account of what led Tesla to these perilous straits. But I do believe now that he's brave enough to drive a Roadster up to San Francisco and deliver it in person.

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<![CDATA[VentureBeat blogger writes about girlfriend's company]]> Leah Culver, the ever-romantic founder of file-sharing site Pownce, does not think anything should keep two lovers apart, least of all work. True! And if she wants to date MG Siegler, the handsome VentureBeat blogger, more power to her. Brian Solis's lens captured the two sticking quite close to each other at a party for MySpace Music last night. But shouldn't Siegler, rather than Valleywag, disclose the relationship to his readers before he writes flatteringly about Pownce and quotes Culver in an article? (Photo by Brian Solis/Bub.blicio.us)

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<![CDATA[John Doerr: 10 ways for companies to stay afloat in rough times]]> At VentureBeat&#8217;s Downturn Roundtable event this morning, Kleiner Perkins&#8217; John Doerr just gave a rundown of the top 10 things startups should be doing right now to keep their companies afloat in hard times.

The ten:

  1. Act now. Act with speed to get your business in order.
  2. Protect the vital core of the business. Use a scalpel instead of an axe, when cutting positions.
  3. Get 18 months (or more) of cash. Defer any expansions of facilities, and be frugal with expenditures. For example use Google Docs (online free software) instead of buying something like Microsoft Office for your entire workforce.
  4. Re-prioritize and rerationalize all your research and development. Only focus on the key hurdles for your business.
  5. Negotiate. You can always get better payment terms, and better contracts.
  6. Everyone in your organization should be selling the product. Everyone from your secretaries to your executives.
  7. For bonuses, offer equity instead of cash. You can also ask for a voluntary salary reduction program among employees.
  8. Pay attention to where your cash is. Put it in something secure &#8212; move it into treasuries or some other grounded investment.
  9. For the revenues you plan on getting, look for leading indicators. You may need to readjust. Basically, don&#8217;t take any revenue streams for granted.
  10. Over-communicate. With employees, investors, and key customers. Don&#8217;t sugar coat anything.

Angel investor Ron Conway added a key eleventh point: Be open-minded to mergers and acquisitions. Always a good tip.

[photo: flickr/visulogik]

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<![CDATA[When bloggers blog bloggers, is the result blather — or better?]]> Did you know Netscape cofounder Marc Andreessen has joined eBay's board? Why yes, it's true — and it happened last month. VentureBeat editor Eric Eldon had gotten a belated tip about the hire, and published the story without checking the date. "I made a stupid mistake," he tells me. (He was more oblique in Twitter.) Eldon rapidly took the story down, but not before it was syndicated to The Industry Standard, where it caught the eye of Nicholas Carlson, my former charge at Valleywag who has landed at Silicon Alley Insider.

See the hypercompetitive pattern? Hacks have always hustled to scoop rival papers. But tech blogs are being driven to distraction by the notion that they've been beaten by a story. In the rush to publish, they're not even stopping to check their own archives.

Checking actual facts is far more cumbersome. Jordan Golson, another former Valleywagger who now blogs at the Industry Standard, made a stink about a report on TheHill.com about iPhones coming to Congress. TheHill.com's overly sensational headline topped a report that merely stated that Congress's administrative arm was testing some iPhones. Golson called the flack quoted in TheHill.com's story, who backpedaled from his earlier statement that "lots" of Congressmen had requested iPhones.

Tom Krazit of CNET News, one of the guilty parties cited by Golson for reblogging TheHill.com, got to the bottom of things: Congressional IT administrators were testing a total of 10 iPhones, and all of two Congressmen had asked about getting iPhones instead of the standard-issue BlackBerry.

This messy process shows the blogosphere at its best and its worst. Through a series of iterations, the horde of bloggers arrived at the right result. In the meantime, however, a lot of people got the wrongheaded notion that Congress is switching to the iPhone any day now. (I'd note that TheHill.com has yet to retract its initial report; it would not be the first time a flack has said something, regretted it, and then claimed he was misquoted.)

There will always be a factchecking squad on the Internet. But I think the reblogging craze will fade over time, as the Web's writers learn the deep satisfaction of telling one's own story for the first time — not repeating someone else's for the nth.

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<![CDATA[VC performance dips but stays strong through Q2]]> Venture capital returns have yet to feel the full impact of the capital markets crisis. Payoffs, as measured by the private equity performance index (PEPI), dipped over the first two fiscal quarters, but were still higher than those out of the NASDAQ and S&P 500, according to a new report released by the National Venture Capital Association and Thomson Reuters.

Second quarter saw an 8.2-point decrease in one-year returns, which fell from 13.3 percent to 5.1 percent on the PEPI, and a 1-point drop in three-year returns. But this still leaves VCs in the black as the markets plunge even lower. After first quarter, PEPI posted a 5.5 percent one-year loss for  the NASDAQ, which sunk to an 11.1 percent loss over Q2. The S&P 500 fell 7.4 points to reach a miserable 13.8 percent loss in the same period. PEPI (which monitors the cash flow for more than 1,941 VC and private equity firms, amounting to $828 billion in capitaliztion), showed that venture capital retains this edge over 10 and 20-year periods. For the latter, the report shows a 16.9 percent return for VCs, compared with NASDAQ&#8217;s 9.2 percent and the S&P&#8217;s 8.0 percent returns. When PEPI reported its Q1 numbers in July, VCs appeared resilient as the economy began to decline. Of course, the worst was yet to come, and these new figures &#8212; while still promising &#8212; suggest that firms may not be as teflon as previously thought. The report attributes the second quarter drop to the closed IPO window, which forced VCs to pump more money into later-stage companies left to tread water until it reopens. The situation hasn&#8217;t improved since, and NVCA president Mark Heesen predicts that PEPI data will dive even further in future quarters.]]>
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<![CDATA[Windows Azure brings Microsoft into the cloud]]> Microsoft just announced a new offering called Windows Azure, a new online service for developing web applications. Azure, which has been discussed in very general terms in the last few months (as Project Red Dog, Windows Cloud and Windows Strata), sounds like it marks traditional software giant Microsoft&#8217;s biggest move into the Internet cloud, and into the software-as-a-service business model.

Azure is being released as a community preview today, which Microsoft says offers only a handful of the feature that will be available in the final version. I&#8217;m sitting in the audience of the Professional Developers Conference as Microsoft makes the announcement, and I&#8217;ll update with more info from the presentation.

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<![CDATA[Private Access seeks experimental treatments for patients without giving up privacy]]> Robert Shelton was a successful real estate developer who became wealthy creating buildings such as the Palm Beach Convention Center. But his world was rocked when his son was diagnosed with a rare genetic disorder. He then faced a quandary. He needed to find treatment for his son, but doing so would cost his family its privacy.

That dilemma ultimately spurred a business, Private Access, which is coming out of stealth today at the Health 2.0 conference in San Francisco. The company allows people with health conditions to describe their problems anonymously. It also posts news of clinical trials of new treatments. It thus allows medical researchers and potential research subjects to find each other.

The Aliso Viejo, Calif.-based business combines matters related to health, social networking, and search. The motto: &#8220;privacy and access in perfect balance.&#8221; It tries to reconcile the need for &#8220;data liquidity&#8221; with the need for data privacy.

How, for instance, does a sick patient find treatment options without revealing his or her condition to family members, who might &#8220;worry too much.&#8221; The patient may also need help with insurance intricacies but may not want to give the insurance agency a reason to deny coverage.

&#8220;The right answer on the release of information is different from moment to moment,&#8221; Shelton said.

Private Access has created a web site where people can describe their health matters and maintain precise control over who has access to the records. You can set parameters for what people see and how you want to be contacted.

There are four parts to the business. Recruit Source is a way for medical researchers to recruit patients for experimental trials. Trials Finder is a tool that lets patients search for possible treatments in ongoing or future trials. Records Agent lets people place orders for their health documents. And Privacy Layer is the platform that runs underneath the other applications.

Private Access will charge for the first three services but will give away Privacy Layer for free. Shelton said Recruit Source will cost $200 and take about 12 minutes to set up. That&#8217;s much less cost and time than alternative methods, which include searches that span six to 12 months that can cost $1,800 per subject recruited. The medical industry needs something like seven million people per year for trials.

Private Access also has a partnership with Genetic Alliance, a collection of 650 different disease advocacy groups, which will market Trials Finder to their members. With Records Agent, Shelton hopes to cut the costs of obtaining records by a factor of ten.

Shelton became interested in the idea as far back as 1998, when he filed a patent on the invention of a search engine for confidential information. The first patent was granted in 2006. The company&#8217;s suite of products will be ready for general availability in February.

The company has raised $2 million in friends and family money and has nine employees. Shelton&#8217;s second in charge is Marc Kirshbaum, who has a background in fraud and identity protection. He formerly worked at Experian. Shelton said his company will seek funding soon. He is concerned about the tough economic environment, but believes the company is solving a big enough problem that it will catch a good amount of investor interest.

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<![CDATA[Reporters sacrifice one of their own to Steve Jobs]]> "Blame Duncan Riley," opens a Fortune report on this week's awesome saga in which an ex-TechCrunch employee unwittingly manipulated Apple's stock price. But it's not over until we bury the bodies. Here's the 100-word recap:

Duncan Riley, former TechCrunch blogger, claimed last week to have insider info from a tipster who had seen new Apple price sheets. Laptops started at $800 instead of $1,099, said the tipster. Analysts - if you believe them - think a sub-$1,000 MacBook would be a big change for Apple.

Riley's rumor bubbled up from his own site to VentureBeat to the New York Times' new online Technology page, where news from VentureBeat and other tech sites is merged onscreen with the Times' original reporting. Some readers who didn't bother to unpack their trust issues took the headline (note the grammar error: "a $800 MacBook") as Times-grade truth. I don't blame them. The NYT accurately broke the story on Apple's $499 Mac a day before Steve Jobs unveiled it.

The only thing I remember from newswriting class is that journalists are telling stories, even when they think they're reporting the truth. Riley told a good story, peppered with enough details to make it plausible. Web surfers crazy for stock market guidance swallowed the tale without stopping to chew. Now that we all know there's no $800 laptop, journalists will pat themselves on the back about some important lesson they've learned. I'll do it myself, right after I stop by Daring Fireball to watch Duncan Riley's ritual spanking.

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<![CDATA[VentureBeat loses its lone businessman]]> Matt Marshall, the founder of tech-startups blog VentureBeat, is a former newspaperman. As such, he's handwringingly scrupulous about his ethics. In a recent story about Glam Media's layoffs, he included this disclaimer: "Disclosure: VentureBeat recently employed a business manager who was related to one of Glam’s cofounders. However, he no longer works at VentureBeat." Why not name names?

Shown above is Jacob Mullins, the manager in question. He started at Microsoft last week, but is still listed as VentureBeat's ad-sales contact on the site. We take that to mean Marshall has yet to find a replacement.

Odd: Marshall seems eager to explain a now-irrelevant personal connection that couldn't possibly prejudice his reporting. But he's reluctant to come out and state the obvious: He's lost the only guy bringing in money for his blog. That's worth disclosing. Matt, consider this a gratis job listing.

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<![CDATA[Microsoft cans whistleblowing game tester]]> So much for radical transparency. Microsoft's embrace of honest online criticism stopped at VentureBeat blogger Dean Takahashi's insanely long story about how the software giant launched its Xbox 360 game console despite production flaws. The story had one source brave enough to go on the record: Robert Delaware, a contract game tester, who talked about a bug he encountered during testing phases persisting as the Xbox went into production. Now he's out of a job and faces a civil suit from Microsoft for violating a nondisclosure agreement.

“I don’t regret it,” he told VentureBeat in a phone call on Thursday. “I’ll fight it. If they want to come after me, bring it on."

"This kind of witch-hunt mentality is wrongheaded," writes Takahashi. "When I was thinking about making a difference with our story this isn’t what I had in mind." We're just amazed that Microsoft's legal team made it through all six pages of Takahashi's story.

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<![CDATA[NASA finds water on Mars, Web 2.0 credits Twitter]]> VentureBeat gushes, "In yet another powerful showcase of Twitter’s potential power as a disseminator of information, today several people received the first information via the micro me" — Sorry, that's your 140.

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<![CDATA[Commercial casting, open call, Best Buy Inc.]]> Team VentureBeat assembles for the obligatory group photo. The setting: a launch party for VentureBeat's DigitalMedia blog. Left to right: Well-paid tech-CEO transcriptionist Dean Takahashi; mopheaded cleantech writer Chris Morrison; skinflint business manager Jacob Mullins; Jimmy Olsen-lookalike and VentureBeat founder Matt Marshall; stylishly underdressed Anthony Ha; expert Techmeme gamer MG Siegler; and Eric Eldon, who's wearing his great-grandfather's three-piece suit. Yesterday's winner: Once again, WagCurious, for labeling Pete Cashmore "The face that launched a thousand ship-dates." (Photo by Brian Solis/Bub.blicio.us)

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<![CDATA[For VentureBeat, a profitable display of excess]]>
This is what I remember from last night's VentureBeat party: A social network for golfers announced a round of funding at the event. A social network for golfers? Is this what blogging has come to, I asked founder Matt Marshall. He gamely held his ground and ducked the question. As Kara Swisher documented in the clip above, VentureBeat's party at the Ambassador in San Francisco was a bubbly affair, packed wall to wall with free drinks for all comers — until the bar turned cash. That kept the event, paid for by sponsors, profitable, Marshall explained. I'm glad the blog bought me a drink. I needed it when I ran into Craigslist CEO Jim Buckmaster later that evening. He was perfectly civil, but it's disconcerting to talk to a man to whom one only comes up to clenched-fist level.

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<![CDATA[John Battelle takes $22 million in fuck-you money]]> John BattelleAnyone telling you that Federated Media, the online ad network which reps Boing Boing, GigaOm, TechCrunch and other blogs, has raised $50 million from investors is dead wrong. It's true, Oak Investment Partners and others paid $50 million for shares of Federated. But only half of that went to the company, we're told; the rest went to founder John Battelle and other employees. According to our source, Battelle's take was roughly 90 percent of the insider shares sold, or about $22 million.

I'd long thought that Battelle's flip-the-bird photo, used here, was a reflection of his charmingly combative personality. As a founding editor of Wired, which set the tech world on fire in the '90s and helped inflate the bubble, Battelle failed to stack up the tall dollars. He founded The Industry Standard, which sold more pages of advertising than any other magazine in American in 2000 and then went bankrupt in 2001. Battelle, in short, has been adept at chronicling booms, but not profiting from them. Until now.

Battelle is just the latest entrepreneur to cash out before his company goes public, a practice once frowned upon in Silicon Valley. But Federated Media turned profitable last fall, we're told. Being cash-flow positive means never having to say you're sorry. And it also gives entrepreneurs leverage with investors that they never had in the '90s, when building Web companies was much more expensive.

So at last he's earned what they call in the Valley "fuck-you money" — enough money to simply walk away, should a job turn unpleasant. In fact, we hear that's what Battelle is planning to do, albeit temporarily. He's told investors in Federated that he plans to take a leave from the business to work on his next book, The Conversation.

Where Battelle's profane wealth may get him in trouble is with the bloggers he represents. Unlike him, most of them have yet to cash out, or even turn a profit. Federated Media's take of their advertising — typically 40 percent — strikes many as too high, though most have yet to try their hands at hiring and managing their own salespeople.

But they shouldn't worry. Having enriched himself, Battelle is now thinking of them. After hearing rumors that one of Federated's blogs was in merger talks, he approached the blogger and encouraged him to come talk to Federated first before taking an offer.

In other words, Battelle is now contemplating a blog rollup. Rather than see his customers picked off one by one, with their ad inventory walking out the door, Battelle may use some of the money he's raised to buy blogs himself. It only makes sense. He knows his customers' businesses well, since he organizes conferences, orchestrates redesigns, and performs other services besides for them, in addition to the mundanities of selling advertising.

Battelle likes to think of himself as more than just a business partner to his bloggers. He's their buddy. He's their pal! This bubble has everyone frothy, and the valuations may be making some of the bloggers under his care unduly giddy. While Battelle may enjoy a tipple now and then, friends don't let friends sell drunk.

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<![CDATA[TechCrunch, VentureBeat in merger talks]]> We hear Michael Arrington is in advanced talks to acquire VentureBeat, a smaller tech blog which, like Arrington's TechCrunch, is trying to expand from the niche of covering startups. When Arrington issued a rant about the dangers of tech blogs raising venture capital, it was easy to dismiss his talk of a blog rollup as drunken fantasy. Arrington's concern: That his competitors, by raising money one by one, would make it financially impossible to assemble a "dream team" of bloggers. But why on earth would anyone accept a lower valuation just to be part of Arrington's team? Arrington, we're told, has tentatively secured venture backing from Eric Chin of Bay Partners, a longtime business associate. That would give him the capital to buy up at least some of his rivals.

Even though Marshall has raised $320,000 for VentureBeat, he would obviously be the junior partner in any deal. Which points to the most implausible part of the two blogs' coming together: Would Matt Marshall, the Jimmy Olsen of the tech-blog world, really work for Arrington, who is surely its Lex Luthor?

Marshall and Arrington agree on perhaps only one thing: They're tired of handing a hefty share of ad revenues over to John Battelle's Federated Media, the ad network which represents both blogs. Combining forces might give them enough traffic to justify hiring some of their own salespeople. Is that worth putting up with Arrington's tirades and outbursts? If talks progress, Marshall would do well to ask for an Arrington premium. Would it not be ironic if the biggest obstacle to realizing the TechCrunch editor's dream proved to be Arrington himself?

(Photo of Arrington via Gagglescape; Marshall via Bub.blicio.us)

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