techcrunch is an operation that has hype working for them. techcrunch fleeced attendees for tc40 and made a few million and has site ads of about 150,000 per month plus extra paid posts here and there puts them at about 3m per year this year. last year he might have made about 700,000 from what tipsters say mike spilled while at parties. it's a good business but not a big acquisition that unless the talent goes with the deal.
I heard some folks at valleywag saying that John Battelle's people are saying that Mike's uniques are well under 1.5 million a month and the growth is not there. That puts him way below cnet. I peg him at 20m tops.