Boy, Henry "I used to be a famous Wall Street analyst" Blodget is sure on a roll - or make that a troll. Today he's got a post about how TechCrunch could be bought by CNET for $100-million or so. His post is actually a response to one by Doug McIntyre at 24/7 Wall Street, in which Doug hypothesizes about blog networks such as TechCrunch and Huffington Post and GigaOm and how much they might be worth to existing media entities.
Mike has a sarcastic response to Henry's post here. And there's no question that $100-million seems like a fairy tale price - a lot like Henry's $2,000 Google post from yesterday. Still, the idea itself makes sense. TechCrunch or GigaOm would fit as a part of CNET or several other media entities I can think of. The ironic thing is that selling would probably be a mistake, because at the moment they are doing far better than most of the companies that would be thinking about buying them.
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