I am not a regular TechCrunch reader, but I find it difficult imagine that they would pass on writing about a hot new startup, just because some other site already wrote about it.
No, it doesn't really make sense. What it the AP wouldn't write about something that Reuters already did? News is news, but demanding first or nothing is a very poor technique.
The AP is a wire service. They deal in commodity news. But it is very common for newspapers and magazines to agree to cover stories in return for an exclusive.
Obviously, but this is a mention, not a feature article in an entertainment magazine. Engadget will cover something after Gizmodo and vice versa. It's ridiculous that TechCrunch won't.
I stopped reading TC a while ago because the signal to noise ratio started diving, but I wouldn't read it now even if it had great content. I don't care who has what first, I'll read who's comprehensive and honest.
Mike wants to be the new CNET and that's not going to happen by being a bitch about being first.