Michael Arrington has something to say to all the people speaking out about hardships in startup life. In short: Suck it up and keep coding.
In Uncrunched yesterday, the
lawyer blogger venture capitalist seem to take personal offense to recent headlines about how pattern recognition can keep African-Americans out of the VC old boys club and employee pushback against harsh expectations at startups like Zynga.
In the wake of the apparent suicide of 22-year-old Diaspora co-founder Ilya Zhitomirskiy and the discussion about secretive struggles with depression that triggered, Mr. Arrington’s missive struck a tonedeaf note. But his retort is even odder. Read More
It looks like a few big names have picked their horse they want to bet on in the convenience economy. And then saddled that horse up with bags of cash.
Today Zaarly, the marketplace that matches people who have tasks they need to get done with people willing to do them (for a price and within the specified time frame), just announced it picked up $14 million investment round led by Kleiner Perkins. For comparison TaskRabbit, one of Zaarly’s many competitors, raised a more modest series A at $5 million in May.
Zaarly, which counts Michael Arrington, Ashton Kutcher and AngelList’s Naval Ravikant as seed investors, also announced a would-be governor on their board: current HP CEO and former eBay CEO Meg Whitman. Read More
Those of you who hopped on a plane without Wifi Friday evening can be forgiven for not keeping track of what AllThingsD’s Kara Swisher described as “pure twaddle wrapped in ridonkulous grandstanding.” First came TechCrunch writer Paul Carr’s lively public resignation letter. That was followed by newly-crowned TechCrunch editor Erick Schonfeld’s equally public resignation acceptance. And then, to pile it on, TechCrunch writer MG Siegeler offered a semi-private anti-Huffington IED because hey, it’s no fun if you can’t play too.
Digg’s Kevin Rose compared all the adolescent drama to “a LiveJournal page,” so put on some emo jams and join us, won’t you, as we flip through the pages of TechCrunch’s Burn Book. And, yes, for the most part, you’ll find it at the same URL where the professional tech blog used to be. Read More
Michael Arrington gave AOL two choices in his ransom letter: editorial independence or a chance to buy back his blog. But it looks like Arianna Huffington went with Option Three: Fire Mr. Arrington. Well, fire him again, but this time for good.
Fortune.com’s Dan Primack says, “AOL executives have decided to terminate Arrington. It is unclear how this will officially occur. Maybe a pink slip. Maybe Arrington submits a (public?) letter of resignation. Maybe Tim Armstrong simply gives Arrington a phone call, and he quickly dashes off a note to TechCrunch employees on his iPad.” Read More
We stopped watching those Taiwanese animation videos sometime around the outting of Tiger Woods’ third or fourth extramarital paramour. But this one, courtesy of Next Media Animation, reinvigorated our interest, due mostly to the attention to detail.
Notice, if you will, how close Michael “Yarrington’s” green robes come to the actual TechCrunch logo. They even took the time to reference Kara Swisher calling Crunchfund “a giant, greedy, Silicon Valley pig pile.” And gave TechCrunch bloggers Spartan shields, a la Mr. Arrington’s ultimatum post. But what really got our attention was the scene of Arianna Huffington pummeling Mr. Arrington while Tim Armstrong tries to pull her off. That’s probably just how she imagines it in her Brazilian daydreams. Read More
You didn’t really think Michael Arrington was going to step out of the suddenly “nuclear” spotlight with a few lamestream media quotes and some tweets, did you? If so, you must not have seen yesterday’s ransom letter in which he says: give me “editorial independence” or gimme my site back.
In short he’s recasting his ethically questionable decision to continue to edit a site about startups even as he invests in them as an affront to his very freedom.
We would call his latest move classic Arrington, except even for a “digital megalomaniac,” this is brazen. Well, brazen or laughable. Definitely one or the other.
When Arianna Huffington told David Carr that Michael Arrington was yanked from the editorial payroll and TechCrunch masthead “effectively immediately,” and relegated him to the role of unpaid blogger, this is probably not the kind of blog post she had in mind. Read More
Woo boy. If our head wasn’t spinning, this might actually be funny. It’s been less than 24 hours since Fortune or the New York Times reported (to keep things lively, there’s even some debate around who broke the news) that Michael Arrington would be launching a $20 million venture capital and almost every player involved has offered conflicting stories about how they expect this to unfold, including, earlier this afternoon, one of TechCrunch’s own bloggers.
Will Mr. Arrington still be able to write about startups now that he has an financial inventive to help them succeed? Is blogging even journalism? Was it a good idea to name your VC fund after your news outlets about startups? Depends on who you ask! Read More
Michael Arrington has been dodging questions over bias and journalistic integrity ever since he got back into the investing game earlier this year. But we guess launching a $20 million venture capital fund has a way of making the issue hard to ignore. Yesterday, shortly after closing a fund, Mr. Arrington resigned from his role as managing editor of TechCrunch, reports the Wall Street Journal.
“Mike will run the fund and will continue to write for TechCrunch, but will have no editorial oversight,” AOL spokesman Mario Ruiz told the paper, noting that Erick Schonfeld, co-editor, will serve as interim editor while AOL tries to find a personality to replace Mr. Arrington.
That said, AOL Huffington Post doesn’t appear to be making any signs to distance itself. AOL is leading the limited partner group in the less-than-subtly named “Crunchfund.” Read More