Siegler: It’s not looking good
Siegler writes on the blog that the uncertainty is affecting its future:
TechCrunch is on the precipice. As soon as tomorrow, Mike may be thrown out of the company he founded. Or he may not. No one knows. And if he is, he will be replaced by — well, again, no one knows. No one knows much of anything. Certainly no one at TechCrunch. This site is about to change forever and we’re in the total f-cking dark. I’ve been able to piece together little bits of information here and there, and it’s not looking good.
Part of the blog’s effectiveness depends on Arrington’s ability to break news, including on companies he is invested in:
Could TechCrunch survive without Mike Arrington? Probably. We’re doing so many pageviews now, and the machine is so profitable, that you can plug in other parts and it will run. But without him, it will not be the same.
‘I have no idea if I work for AOL’
Arrington says he is confused about his employment situation:
I have no idea what AOL’s final position on this will be. I look forward to hearing it.