My friend and fellow mesh organizer, Michael McDerment, has got himself some TechCrunch Love for Freshbooks, a cool Web-based invoicing company. Freshbooks, which is based in Toronto, recently unveiled a new service that lets users send invoices to customers by first-class U.S. Mail rather than over the Web. As everyone knows, TechCrunch has become the way to launch a new Web 2.0 company and/or service but I wonder how much actual "juice" these profiled companies receive. Does traffic suddenly to their Web sites suddenly surge and then level off to a healthy level? Do VCs look at TechCrunch Love as a positive endorsement that deems a company worthy of investment? Does TechCrunch have that much influence? Maybe. Then again, TechCrunch crunches through an awful lot of companies every week/month so it becomes more difficult to tell what companies are really on to something and what companies/services are simply new. In terms of Freshbooks, a little TechCrunch Love can only be a good thing given it's a real company with paying customers that generates revenue - which makes it a bit of an anomaly within the Web 2.0 landscape.
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Comments
Re: Does TechCrunch Love Work?
by
Levi Cooperman
on Fri 25 Aug 2006 01:41 PM EDT | Permanent Link
Hi Mark,
TechCrunch certainly never hurts a Web 2.0 business, but I think you are on to something with the number of companies it has been profiling every week. I think Mike would agree with me that getting TechCrunched isn't what it used to be. I am on holidays and having seen the web stats, but I was there on Wednesday and there certainly wasn't a MASSIVE spike in traffic. The jury is still out on the overall effect...perhaps we will check in again in a few weeks. Maybe getting MarkEvaned is just as good? Either way, time and time again we are reminded that there is no such thing as a silver bullet - Levi Re: Does TechCrunch Love Work?
by
Dennis H
on Sat 26 Aug 2006 10:51 PM EDT | Permanent Link
And unlike a lot of the so-so me-too stuff covered by TC, Freshbooks actually delivers something useful. I've reviewed it and had a number of enquiries as a result.
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