In response to Y Combinator’s reduction in investment size per story, Tech news website TechCrunch, recently announced a new subscription-based website for SV insiders named TechCrunchy

Under the structure of the new service, four investors Yuri Milner, Andreessen Horowitz, General Catalyst and Maverick Capital, will put $80,000 into the bank account of each TCY reporter that is able to hypothetically report accurate details on each new YC portfolio company.  That’s nearly half the amount TC reporters have been receiving per story.

TechCrunchy reporter Alexi Igothis commented “verifying sources and using humans to conduct competitive research is where many legacy media organizations have lost their way.” Igothis went on to say, “With TCY we can make up the loss on volume, while at the same time juicing the metrics of a larger number of YC startups as they close on their seed funding after Demo Day – it’s a win win for just about everyone.”  The new website, which launched yesterday, will be run from a TechCrunch satellite office near the new salad bar in the Y Combinator headquarters in Mountain View.