Product Hunt’s Success Begs the Question: What Is Tech News Even For?

Been wondering this about sites like Pando Daily since they launched. Too many “publications” are just startups of their own with “reporters” being as much PR flacks for their company as they are digging into and reporting accurate news about the industry. Walt and Kara are probably the best current industry reporters (I used to live in fear of doing press tours to visit Mossberg when I ran the RealPlayer group). Who is going to carry us to the next level of journalism in technology?

Betabeat

The new trend in news startups doesn't involve anyone actually reporting the news. (Photo via //sugar) The latest trend in news startups doesn’t involve anyone actually reporting the news. (Photo via //sugar)

Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week, and tell you what you need to know, and why it matters.

The deal: Product Hunt, a site that where users can upvote new products every day, raised $6 million from Andreessen Horowitz at a $22 million valuation.

For as long as there’s been an Internet, self-proclaimed new media evangelists and armchair philosophers have been saying that online media was going to kill off the need for us “real” journalists. But even as dwindling ad revenue wreaks havoc on the news biz, here we are, still occasionally pulling in a salary — though every once in a while, some new service shows up to keep us journos in check.

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