Sarah Lacy Launches Pando Daily, Your New Favorite News Site

Sarah Lacy’s new tech news site Pando Daily launches today. Right now, actually.

I remember the first time I met Sarah Lacy in 2006. She was writing cover stories for Business Week at the time, hitting sources hard in the lobby of a San Francisco hotel after a conference (Web 2.0 Summit, I think) had ended for the day and people were streaming out looking for a drink. My first impression of her was, “now that’s a reporter.”

Those were the early days of TechCrunch, when I wrote whatever I felt like writing with absolutely no idea of the “rules.” Guys like Jeff Jarvis, Robert Scoble and Dave Winer were rooting me on, so I was doing something right. And a lot of old school journalists were screaming murder, so that made me doubly sure.

And Lacy certainly oozed old school. Like a black and white movie and she had a press card stuck in her fedora. That crowd usually thought of TechCrunch as the antichrist. But she was also one of the new gang, one of the journalists who really understood what makes Silicon Valley tick, and was always willing to give new entrepreneurs and startups a break. As I began to follow her writing I saw that she had deep access to sources and a sound, logical mind to put together compelling stories. Most importantly, she loved to teach the new writers on the way to get results and write compelling content.

I knew almost immediately that I’d be spending a lot of time trying to hire Ms. Lacy.

Some years later, I did. She was finishing up work on her second book and was looking for a full time writing gig that could accomodate her book travel schedule. We found a way to make it work, and Lacy joined TechCrunch.

She was immediately integrated into the TechCrunch DNA. She was a solid editorial leader, broke huge stories, and had a commanding stage and camera presence. And best of all, she disagreed with just about everything I had to say. We fought like cats and dogs. And she is literally a cat person, while I can stand the evil little predators. Dogs and unconditional slobbery love all the way for me.

When TechCrunch imploded last year and I walked away from the company that I founded, Lacy was in a prime position to take over. She had my and Heather Harde’s support to become editor in chief of the site. The only problem was she was on maternity leave and wouldn’t be returning for a couple of months. So the decision was put on hold as she cared for her son Eli.

Internal strife and power struggles at AOLCrunch meant Lacy would not be accepting that job, although she did return briefly during maternity leave to host the highly successful TechCrunch China event last Fall.

Pando Daily

Now, Sarah’s where she’s supposed to be. The star of her own show, Pando Daily. Which launches today. The name is from some tree ecosystem in Utah that has a root system that makes it one big organism. The point is that the trees and the roots are like Silicon Valley. Whatever.

Sarah could call her new site anything she likes and it would still be something amazing and special. She talks about taking the best parts of TechCrunch – the relentless quest for the story that matters most that day, the loyalty to readers and the community, and something else – a competitive hunger that made her want to throw computers through windows when something slipped by her. That was rare, and I never saw her throw a computer, but I know she wanted to.

Much more often, though, Sarah was one (or ten) steps ahead of her competition and not only broke the story but worked it over and over until she’d bled every last drop of blood out of it. I hope to never be on the other end of a Sarah Lacy story, because I get the feeling she’d do anything to get the facts she wants.

Pando Daily has a single overriding goal – to be the paper of record for Silicon Valley. That means every story of importance will be covered with an unbiased look at the facts. Along with a healthy dose of the analysis that you’ve already come to expect from her and the people she works with.

There’s a big void in Silicon Valley right now, and I believe readers are aching for something to fill that void. Pando Daily is going to do that.

She’s raised an amazing round of funding from Marc Andreessen, Peter Thiel, Tony Hseih, Zach Nelson, Andrew Anker, Chris Dixon, Saul Klein, Josh Kopelman and Matt Cohler, all investing as individuals. Also investing are a handful of seed funds including CrunchFund, Greylock Discovery Fund, Accel’s Seed Fund, Menlo Ventures Talent Fund, Lerer Ventures, SV Angels and Ooga Labs.

We’re proud to be investing in Pando Daily. CrunchFund will be very active in this investment, taking a board seat and contributing regularly to the site.

Good luck, Sarah. And Happy Launch Day.

More from MG Siegler, TechMeme, AllThingsD, GigaOm, BusinessInsider and AdAge.

42 thoughts on “Sarah Lacy Launches Pando Daily, Your New Favorite News Site

  1. Soul Kabweza says:

    Your link is incorrect Mike. It’s going to a “Page not found”

  2. Max Woolf says:

    There’s no comments section! Why isn’t there a comments section?! :'(

  3. Kris says:

    Exciting stuff. Looking forward to adding Pando to my reading list.

  4. tdnpost says:

    Super excited to see the authors ;) . Looking forward to see the new tc in making. http://pandodaily.com/authors/

  5. On line 79 of her style.css, that controls her author info area, it’s causing her page to have a big white gap on the right side of the page (along with random scroll bars). took forever to find the problem but here it is:

    .singular #author-info {
    background: none repeat scroll 0 0 #F9F9F9;
    border-bottom: 1px solid #DDDDDD;
    border-top: 1px solid #DDDDDD;
    margin: 2.2em -35.6% 0 -35.4%;
    padding: 20px 35.4%;
    }

    the reason is specifically the margins/padding.

    change those to something like this:

    margin: 2.2em 0 0;
    padding: 20px 0;

    all better =)

  6. Karl Schneider says:

    I can’t stand that her site has no favicon, and since I refuse to bookmark sites without one, I’ll have to check back later to see if the issue’s been rectified. Why do I refuse? Because I add sites to my Bookmark Bar on Chrome with a blank name field which creates a bookmark bar filled with numerous favicons. Very simple, very clean.

    I also take issue with the menu options, maybe it’s just because of a lack of content, but differentiation between sections was lacking. Each piece of content I read however, was of the quality I’d expect.

    I look forward to checking back soon.

  7. Orli Yakuel says:

    It will be great to have focus on startup reviews again (feels like TC at its early days).

    Is there a tip@pandodaily email address?

    • … don’t hold your breath – Sarah’s “style” on TechCrunch never went beyond what she “felt” about IT companies and news — if you review her TC articles, you will realize that they were nothing more than her “feelings and … opinions” this from someone without an IT background [her own words.]

  8. “… There’s a big void in Silicon Valley right now …”
    Yes. Doubt that Pando will amount to more than just “Sarah’s Blog”
    Well, we’ll see…

  9. When I try to subscribe to the feed using Google Reader, I entered the URL for the site( ) but the feed I got was for http://mostodd.wordpress.com/. Interesting.

  10. Joe S says:

    So now I just have to avoid one website to avoid her? Sweet.

  11. Edward Chik says:

    Nice and clean design, Pando Daily immediately joins my daily tech reading list alongside Uncrunched.

  12. Brian says:

    I found that instead of having to get rid of the TC RSS feed in my iGoogle home page, I can just add “widgets” of stuff I’d rather read and push TC to the bottom. This will work out nicely. Good Luck, Sarah. We’ll be reading.

  13. Glen says:

    is this thing working

  14. I’m a fan of Sarah’s writing. Looking forward to what’s ahead!

  15. Dave Zatz says:

    Hey Mike, I’m wondering if you’ve got some sort of non-compete in place. If so, what’s the scope of it… and do you care? I don’t think I’ve seen you mention that before. Thanks!

  16. Brad Phillips says:

    I’m glad to see all of the blogs launching from the ruins of TechCrunch, it is interesting to watch as a participant in New Media. :)

  17. Anon says:

    I can’t help it I just keep reading it as “Pander Daily” :P

  18. talkalicious says:

    HI Mike,

    not sure if someone has mentioned it already, and apologies if they have, but your link to what MG Siegler has to say is wrong

  19. Keith says:

    Hi Mike,

    Not sure if someone has mentioned it already, and apologies if they have, but your link to what MG Siegler had to say is wrong

  20. James says:

    Who knew that you were so tall and that she was so frumpy

  21. Brice says:

    Whenever Sarah writes something about an industry or a country I have a deep knowledge of, I realize that she has no idea what she is talking about, jumps to conclusions based on interviewing taxi drivers, and can’t put 2 and 2 together. She has no credibility whatsoever.

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