>Do we really need another site covering startups?

Yes.

Nobody covers startups in the aspirational way TC used to do. TC of old made you want to do a startup. TC of now/RRW/AllThingD etc, tell you about startups. just like any news site.

I'm not sure that's the right question to ask. In 2003, people asked "do we need another social network?" The answer was surely no. However, (speaking for myself) I do want at least one good social networking tool and at least one good source of tech news.

There are countless sources of tech news, most of which are not particularly good (Sturgeon's Law I guess). If Sarah Lacy can manage to build a better version of what Techcrunch was at its best, that would be nice. It remains to be seen of course.

She already sold the company (to investors). If she didnt want to sell the company she should have bootstrapped.

I came here to post something very similar.

"I do not want to sell this company" .... for less than a billion dollars :) She should have kept bolding.

I think there's always room for competition, even in startup blogging. Being so saturated, however, they WILL need to find a way to do something different - no matter how small - something to keep us coming back.

If you know Sarah in any way from her past articles and personal blog, she loved working at TechCrunch. As soon as it was sold to AOL things went downhill so she's just letting everyone know she's not making the same mistake Arrington did.

Yes.

We need more echo out there so the IT industry can flourish.

More users == more money channelling in.

Heck even without users as long as there's hype, there will be money.

I may sound sarcastic but can we say no to money to keep our hobby?

My thought was, "Sell what?"