Investing

TechCrunch Sells For $25 to $40 Million, Close To 24/7 Wall St. Estimate

New reports say that AOL (AOL) bought TechCrunch for between $25 million and $40 million. Most estimates are that the initial payment for the tech blog will be $25 million and there will be contingent money paid over the next three years.

24/7 Wall St. wrote last November that TechCrunch was worth $32 millon at that time. 24/7 Wall St. said that TechCrunch had revenue of $9.5 million. Most media estimates are that TechCrunch will have $10 million in sales this year.

 

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