TechCrunch and related acts are just /tech tabloids/ now. Media literacy in the USA has been on a steep decline in the past 50 years, as evidenced by how these people still make and break startups. See also: things like Fox News blaming Obama for high oil prices instead of speculation in oil futures.
The fact that the tech industry has given them the power to "make or break" startups is insane. These people are horrible writers, and the fact that anyone gives them the time of day is insane. Posts from TC, Pando, and the like, AND posts about them, shouldn't be allowed on HN.
The emperor has no clothes.