What's this? This is an unbiased just-the-facts news summary about CrunchFund II and Michael Arrington. To see the full newsline, click the red tabs below. Love news? Become a contributor now!

30 Jan, 2014

$25 million first close

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The second CrunchFund is reported to have a first close of $25 million. AOL has renewed its investment from the initial fund, but it’s not clear if the venture capitalists who participated in the original fund plan to return. Arrington declines to comment to Fortune magazine.

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