September 02, 2011, 12:29 PM —
Anyone surprised by Michael Arrington leaving TechCrunch, now owned by AOL, must not have been paying attention to his less-than-happy comments about his new owners. AOL bought TechCrunch last September, and it's standard for the new owners to demand the owner of the purchased company stays for a year to smooth the transition.
AOL said the expected nice things, such as Arrington will still be writing for them, and they also put up $10 million for his new CrunchFund. That's half of the $20 million reported to be in the fund. When the TechCrunch purchase price of $25 million was reported last year, many speculated there could be more money in the deal, so this could be a "goodbye payment" for Arrington.
Arrington, often criticized for writing about companies where he has a financial interest, is a controversy magnet. This time is exactly the same, as few people seem to trust the official version from either Arrington or AOL. And AOL gets some bricks thrown at it, as well.
He could serve up some drama, but one thing most people will agree on, he has always cheered for and egged on startups and the ecosystem. Simply for that, I wish him good luck.
ayanb on news.ycombintaor.com
You don't get to pick and choose which ethics you adhere to. Arrington's dodge has always been "I'm not a journalist," so he shouldn't have to adhere to journalistic ethics. But if you report on news, you're a reporter, simple as that.
jeffreymcmanus on news.ycombinator.com
AOL still clueless
Did someone at AOL yell: Abandon ship!!! Save yourselves!
Eliot Spitzer on businessinsider.com
Will you miss Michael Arrington on TechCrunch? Why?