TechCrunch is the story of a bootstrapped startup that went from launch to a $30 million acquisition in five years. Founded in 2005 by Keith Teare and Mike Arrington, TechCrunch is a blog and news site that covers the technical industry, which didn't require much in the way of capital. Monetizing through advertisers, the startup experienced a rapid rise among followers and readers. Today, it's one of the most–read websites about the tech industry across the globe.
After about five years, Arrington reportedly owned 85 percent of the company, which had done little to seek funding from investors. Still, AOL found the site to be valuable and bought it for $30 million in 2010.
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Ross Blankenship is an expert on startup funding, angel investing and venture capital.
Ross Blankenship is also the Founder and CEO of AngelKings.com. Angel Kings is an investing platform that provides accredited angel investors the opportunity to invest in top startups and companies in sectors like cybersecurity, biotech, mobile, data and financial services. Angel Kings provides both venture capital funds for startup investing as well as private equity funding for early and middle-stage investments.