When you haven’t heard the scoop, Techmim has a sparkly new house. After years beneath Yahoo’s possession — which, in flip, is subsidized through Apollo Workforce — the logo is now in recent fingers. Its new father or mother corporate: Regent, a dynamic non-public fairness company with a various portfolio spanning media, retail, and production. Regent was once based 12 years in the past through Michael Reinstein, a personable one-time startup founder who briefly discovered he may have a brighter long run as a PE government and who has an simple pastime for Techmim.
Whilst the monetary phrases stay undisclosed, something is apparent: Regent is obtaining an iconic logo. Techmim isn’t only a tech information web site; it’s essentially the most influential voice chronicling innovation in Silicon Valley and past. Getting featured in Techmim has lengthy been a ceremony of passage for startups, however our undertaking extends a ways past the trade insiders who make up our core readership. We goal to present completely everybody a front-row seat to the way forward for era. Whether or not you’re a founder, an investor, or any person who’s inquisitive about how tech is reshaping the sector, we mean you can to peer what’s subsequent through reporting the scoop, then hanging the items in combination to proportion the larger image.
The most productive phase: This deal is structured to verify minimum disruption to Techmim’s operations. You’ll virtually call to mind it extra like a instrument replace slightly than a gadget overhaul. In San Francisco and New York, we’ll be transferring into new places of work leased through Regent. (Good-bye, Monetary District; hi, SoMa!) And Yahoo isn’t severing ties totally — it’s protecting a small passion within the corporate. (What are we able to say? It’s laborious to let cross of Techmim.) Relatedly, my private because of Yahoo CEO Jim Lanzone, who has been an implausible mentor and sounding board and to whom I’m deeply thankful.
However right here’s what actually issues: The similar group of skilled reporters you realize and consider will proceed bringing you the must-read tales of the tech global. Indubitably, that is the most powerful Techmim group we’ve ever had, and we’ve been lucky to paintings with some superb ability through the years.
Techmim has been on the center of Silicon Valley since Michael Arrington and Keith Teare based it in 2005. With the continued enhance of our readers and advertisers, we’ve coated each primary tech development, each billionaire brawl, and each trade shake-up. And we’re simply getting began. Most of the founders and managers we’ve written about through the years at the moment are shaping insurance policies in Washington, and we’ll be proper there, reporting on what occurs subsequent.
Yahoo determined to promote Techmim as a result of, finally, our DNA is solely other from the remainder of its portfolio. Whilst Yahoo Sports activities, Yahoo Information, and Yahoo Finance excel at aggregation, Techmim has at all times been about authentic reporting and information research. The timing of the sale additionally is smart. Whilst a lot of the scoop trade has been punched within the face through a number of demanding situations — from AI-generated summaries to Twitter’s evolution into X — Techmim has bucked the fashion over the past 12 months, often re-growing its readership. Our secret? We put readers first, ship must-know information with out bias, and show off the wild, incessantly ridiculous, human facet of the tech global.
As shut fans of Techmim already know, this isn’t our first rodeo with regards to new possession (all of us nonetheless have swag from AOL and Verizon). However what mattered maximum on this transition was once making sure that our group keeps the liberty and enhance to do what we do very best. With Regent, we’ve got precisely that.
With the intention to Yahoo, thanks for status through us thru some harder occasions. And to Regent, we adore your enthusiasm for what we do and we’re excited to embark in this subsequent bankruptcy with you. Now let’s do that thang.
