CrunchFund

TechCrunch writer MG Siegler announced early yesterday morning he’s leaving the tech blog as a full time writer. The timing may seem odd given the latest TechCrunch drama, but Siegler insists this latest move has been a long time in the making.

In a blog post titled “On the Next Venture”, Siegler says that yes, he is becoming a VC.

Enough with burying the lede: yes, I’m becoming a VC. I couldn’t be happier to announce that I’m joining CrunchFund as a general partner. It’s my honor to join Mike and Pat in that role. And I thank them for the opportunity.

Erick Schonfeld also announced Siegler’s leaving on the TechCrunch blog. He says that although Sielger is leaving TechCrunch as a full time writer, he will still write for them as an outside columnist, but on one very specific topic: Apple.

“While MG will only be working full time as a writer at TechCrunch for another month, I am pleased to announce that he will continue to write for us after that on a regular basis as an outside columnist. The scope of what he will write about will be very narrow: Apple. He won’t write about startups or venture capital. And just like he has always done, he will continue to follow our editorial standards, which require strict disclosures for any kind of conflict whatsoever—financial, business, or personal.”

Of course the web is covering this story with headlines such as “The Tech Blogger Bubble is Here” and “Tech blog writers hit the big time“. Some are skeptical about the announcement, while others are focusing on why hiring tech bloggers seems to be a popular thing to do right now.

What does Siegler have to say about this “tech bubble” and crazy valuations?

For all the talk of “bubbles” and crazy valuations, I think most overlook something very fundamental: technology continues to permeate all of our lives in ways we couldn’t imagine just yesterday. This will only continue to increase over time. Technology startups are at the forefront of this. What we’ve seen up until now is just a taste of what is to come.

We wish MG Siegler (read this if you are dying to know what MG stands for; not that it will answer the question for you) the best of luck in his new venture.

So tell us – what are your thoughts on all of the happenings within TechCrunch and the technology blogging realm as a whole?

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