What's this? This is an unbiased just-the-facts news summary about Arianna Huffington, CrunchFund, M.G. Siegler, Michael Arrington, Patrick Gallagher and Tim Armstrong. To see the full newsline, click the red tabs below. Love news? Become a contributor now!

2011

Starts CrunchFund

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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.

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