Big Tech Blog Says It Has Big Conflicts
"I'll be a direct or indirect investor in a lot of the new startups in Silicon Valley, and that will mean that there will be financial conflicts of interests in a lot of my stories," writes TechCrunch editor and founder Mike Arrington in a blog post about his new investment policy, crafted to help cope with a slew of new investments he's making around Silicon Valley. "Either because I write about those companies, or write about a competitor, or don't write about a competitor." Arrington added that TechCrunch will sometimes have to sit on stories when he's considering, but has not yet closed, investment deals. Arrington says "I think that this will all be fine," because he plans to disclose everything.