How TechCrunch’s back-room deals destroy its credibility
venturebeat.com
venturebeat.com
If the author is trying to imply that TC gives coverage to companies that don't deserve to be covered, then that still does not make the coverage less credible, rather it makes the coverage irrelevant.
Hint: Every publication has it's own criteria.
Secondly, if a news source reported everything there is to know, then there would be just one news source. Given the time/spatial constraints not everything that needs to be reported gets reported by a news source.
In order to stay relevant, most sources want to be the first to report. If they can also sign exclusivity, then what better deal than that. They promise they will say something, not what they will say.
This article sort of destroys the credibility of its own publishers, though. An email from a pushy founder doesn't show any guilt on the recipient's side. I would've dug into it a bit more before throwing out accusations. Maybe would've gotten a really good story out of it?
Disclaimer: TC covered our little startup and we were pleased as heck; no payola involved, we're not funded, we're not in any cool kids club. None of the other startup blogs has covered us except in passing once in awhile when referring to the cool kids.
"Of course, we have no proof whether TechCrunch was really part of this sort of deal-making. But at least, according to one reading, this start-up thinks that’s the way things work in Silicon Valley."
Translation: in email correspondence they had with a founder, they figured out shoehorn into what he said the idea that he thought he could trade favors for TC coverage. They then wrote up a story slamming this founder and TC, apparently before talking to anybody.
I don't work in the media, but it feels like a serious breach of trust to write an article indicting someone over a flimsy interpretation of something they say to you in a private email.
http://webcache.googleusercontent.com/search?hl=en&sourc...
Imgur after that: