Newslines lets you create cool news timelines about your favorite people and products. Register now!
Arianna Huffington CrunchFund M.G. Siegler Michael Arrington Patrick Gallagher Tim Armstrong

Starts CrunchFund


michael-arrington-starts-crunchfundArrington starts the fund with $20 million. He will run it with Gallagher and Siegler. Arrington:

I don’t claim to be a journalist. I hold myself to higher standards of transparency and disclosure.

He will take a reduced role at TechCrunch but continue to report to Huffington. Investments will be disclosed on the blog. AOL is putting about $10 million into the fund. Armstrong:

We have a traditional understanding of journalism with the exception of TechCrunch, which is different but is transparent about it.