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What's the likelihood that this will result in less TC drama to hear about? That's pretty much the only angle I'm interested.
Who is Sarah Lacy, and how does her leaving TechCrunch impact me?
Sarah has written a few pretty decent articles. And a BUNCH of really bad articles. Next to MG Siegler she seemed like a genius, but outside of TechCrunch she's probably a below-average tech reporter at best. A much better fit for TMZ than Wired or Ars Technica... seriously.
I tried to play catch-up with all the drama yesterday (i.e. read through a number of articles/reports from the last few months). I only feel more confused about what the take-away from all of this is.

Didn't they receive ample compensation for their work? Why do they want to try and buy back TC? I understand that since their acquisition there has been a slew of disagreements but I fail to understand the mass of continuing drama.

Perhaps there is a good article I missed that sums it all up tidily? Basically, all I have learned from the mess is don't expect life to stay the same once you accept an offer from a mega-corp.

Why do they want to try and buy back TC? I understand that since their acquisition there has been a slew of disagreements but I fail to understand the mass of continuing drama.

These two observations are related, but suffice it to say that "drama" is their lifeblood. They are the TMZ of tech.

ok, we get it, you are awesome and important and now need a job.
I normally ignore Techcrunch, but I admit there is something satisfyingly “meta” about an organization that is devoted to dramatizing other people's private business dealings dramatizing its own private business dealings.

I don’t say this in a mean way. Perhaps people like Sarah Lacy are simply walking their own talk and living the kind of transparency they have forced other people to display.

I'm right there with you, if by meta you mean "pathetic." That their editorial policy has been turned in on itself is no Jamesonian wormhole.
I guess it is fitting that something as self promoting and and dramatic as TechCrunch covers the startup industry that is self promoting and dramatic.
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TechCrunch has always had that soulless, canned "edginess" and casual gloss characteristic of in-flight magazines and checkout-aisle gossip rags. If they've had anything insightful or interesting to say ever, they've done a remarkable job burying it under a pile of press releases disguised as journalism.