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It's a horrible joke, I know.
One of my favorite TechCrunch exiles, Sarah Lacy, is off to no good: she’s just started a news blog about startups and technology, PandoDaily.com, in direct competition with this glorious and magnificent enterprise.
And while this blog runs on caffeine, nachos, Google Reader, hope and prayer, Sarah Lacy has landed a healthy $2.5M in funding from the Valley’s elite: Marc Andreessen, Peter Thiel, Tony Hseih, among others. Plus, she gets the services of fellow ex-Crunchers Michael Arrington, M.G. Siegler, and Paul Carr as guest columnists.
Other marquee writers sharing the spotlight with Lacy will be Andy Meek (formerly of The Daily Beast) and Farhad Manjoo (of Slate and Fast Company).
PandoDaily is a curious name and Lacy was more than forthright in explaining its origins. According to a post on the freshly minted blog, the genesis of the name can be traced back to a colony of trees in Utah called the ‘Pando Trees’. The trees have an interconnected root system which, according to Lacy, is the oldest living organism in the world, continually growing, renewing, and supporting the trees above the ground – quite like what PandoDaily aspires to be:
We have one goal here at PandoDaily: To be the site-of-record for that startup root-system and everything that springs up from it, cycle-after-cycle.
I look forward to reading what brew PandoDaily serves up. I’ve felt the vacuum in startup reporting ever since TC’s sale to AOL last year and started this blog for that very purpose. Something like PandoDaily was sorely needed (for me to scrounge links and news stories off).
I do have some reservations about a media startup that expressly concerns itself with startups taking outside investment from some of SV’s top investors, but that’s another issue and will be examined in another post. For now, congratulations to Sarah and a warm welcome back to the blogosphere.
