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TechCrunch is a different property and they have different standards. We have a traditional understanding of journalism with the exception of TechCrunch, which is different but is transparent about it.
— Tim Armstrong, AOL’s chief executive, audaciously explaining why it’salright that Mike Arrington can create a new VC fund to invest in start-ups, and still be involved with TechCrunch, which writes about start-ups.
(Source: The New York Times)