Danny Crichton, a Fellow) at the Manhattan Institute), Head of Editorial at Lux Capital), and former Managing Editor at TechCrunch), joins Erik Torenberg to discuss the evolution of TechCrunch+), alternative business models, strategic investments in media, and tips for building a tech media company.
This show is produced by Turpentine): a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at [email protected]).
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RECOMMENDED PODCAST:
🎙️**ECON 102 W/ NOAH SMITH - **Keeping econ entertaining - Noahpinion author Noah Smith and Erik Torenberg break down business news and politics every week.
Apple: https://podcasts.apple.com/podcast/id1696419056)
Spotify: https://open.spotify.com/show/6q7Gn5lP8TTtBPuV1NJSGs)
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LINKS:
Danny Crichton: https://www.dannycrichton.com/)
Lux Capital: https://www.luxcapital.com/securities)
TechCrunch: https://techcrunch.com/)
TechCrunch+: https://techcrunch.com/techcrunchplus/)
X/ TWITTER:
@eriktorenberg )(Erik)
@DannyCrichton) (Danny)
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TIMESTAMPS:
(00:00) Intro
(00:28) Evolution of TechCrunch+
(01:27) Building a new product, ExtraCrunch
(04:50) Challenges of subscription media
(06:26) Identifying the core audience
(08:57) Exploring alternative business models in media
(15:26) Sponsor: Turpentine
(16:07) History of TechCrunch
(22:00) What worked and what didn't for TechCrunch
(29:20) Building a significant tech media company
(30:12) Strategies for success
(31:03) The need of focus formula
(35:32) Challenges of monetizing journalism
(37:50) Rethinking media products
(51:21) Potential of vertical media
(56:30) Wrap
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