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Maple Leaf 2.0 - Technology and Web 2.0 News in Canada

Does TechCrunch Love Work?

by Mark Evans on August 24th, 2006

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.

POSTED IN: Entrepreneurs, Web Services

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