The $100 million TechCrunch joke
Henry Blodget is having raucous fun. On his blog, Silicon Alley Insider, the "disgraced stock analyst" — a seemingly requisite epithet whenever Blodget is mentioned — is driving people crazy. How? By, say, actually running the numbers on how Google might one day be worth $2,000. Or riffing off a ludicrously sketchy thumbsucker about what blogs are worth, in which he questions whether TechCrunch might be worth $100 million. Even the tech blog's editor, Michael Arrington, linked to it, laughing all the while. Unfortunately, no one let Light Reading's Scott Raynovich in on the joke. Raynovich stoutly debunks the notion that TechCrunch might be worth $100 million. An effort, of course, which I'd applaud, if I thought anyone, Blodget included, believed the notion in the first place. (Photo by Getty Images)