Place Your Bets: Google Reaches $2000 or TechCrunch Sells for $100M?
While you were working, an interesting exchange happened over the blogosphere. It seems TechCrunch’s Michael Arrington and Silicon Alley Insider’s Henry Blodget are having a war of words.
You might ask what this has to do with internet marketing, but I think you’ll find the exchange of interest.
First up, Blodget put up his thoughts on Google’s share price hitting $2000, giving it a market cap of $750+ billion.
Then Michael Arrington decided to voice his disdain for Blodget and his reckless valuation.
Not long after, Blodget blogged that he believed TechCrunch could sell for more than $100 million, possibly to CNET.
Lastly, Arrington (with tongue in cheek) took back his criticism of Blodget.
So, which do you think is more likely to happen? Google will reach $2000 a share, or TechCrunch will sell for $100+ million?