TechCrunch brings in $240,000 per month in advertising

TechCrunch, the internet startup started by Michael Arrington in 2005 is bringing in $240,000 per month in advertising.  Today the company has 8 full-time staff and has hired a CEO.  Arrington said that when he started the blog it was just a hobby but after a while, it was pretty clear that he could make more money blogging than from anything else.