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HipMojo 5A: Michael Arrington Exits TechCrunch


welcome to this fifth installment of hip

welcome to this fifth installment of hip mojo i’m your host ashcan carbon soutien

mojo i’m your host ashcan carbon soutien

mojo i’m your host ashcan carbon soutien ce team orchid and be here apparently he

ce team orchid and be here apparently he

ce team orchid and be here apparently he got into an agreement with Arianna

got into an agreement with Arianna

got into an agreement with Arianna Huffington so replacing him today is

Huffington so replacing him today is

Huffington so replacing him today is Dave strout’s Dave welcome to the show

Dave strout’s Dave welcome to the show

Dave strout’s Dave welcome to the show hey are you doing pretty good so today

hey are you doing pretty good so today

hey are you doing pretty good so today we got a lot to cover we’re going to

we got a lot to cover we’re going to

we got a lot to cover we’re going to talk about journalism transparency

talk about journalism transparency

talk about journalism transparency disclosure and ethics we’re also going

disclosure and ethics we’re also going

disclosure and ethics we’re also going to talk about the time-tested debate

to talk about the time-tested debate

to talk about the time-tested debate between content and distribution and

between content and distribution and

between content and distribution and then later on in the last segment of the

then later on in the last segment of the

then later on in the last segment of the show we’re going to cover lightning

show we’re going to cover lightning

show we’re going to cover lightning round an email of the week so let’s get

round an email of the week so let’s get

round an email of the week so let’s get right to it David what tech blogs do

right to it David what tech blogs do

right to it David what tech blogs do read when you when you would work or

read when you when you would work or

read when you when you would work or when you’re at home well I usually read

when you’re at home well I usually read

when you’re at home well I usually read ad age because I’m in advertising I also

ad age because I’m in advertising I also

ad age because I’m in advertising I also read TechCrunch and media post okay so

read TechCrunch and media post okay so

read TechCrunch and media post okay so TechCrunch when AOL bought Michael

TechCrunch when AOL bought Michael

TechCrunch when AOL bought Michael Arrington’s company what was your

Arrington’s company what was your

Arrington’s company what was your expectation did you think the editorial

expectation did you think the editorial

expectation did you think the editorial and the sort of coverage would say the

and the sort of coverage would say the

and the sort of coverage would say the same or did you think things would

same or did you think things would

same or did you think things would change well i think you know when you

change well i think you know when you

change well i think you know when you look at an acquisition like that you

look at an acquisition like that you

look at an acquisition like that you know you can’t help but think things are

know you can’t help but think things are

know you can’t help but think things are going to change you know no matter what

going to change you know no matter what

going to change you know no matter what happens when a company is acquired

happens when a company is acquired

happens when a company is acquired things are always going to change i do

things are always going to change i do

things are always going to change i do like the fact that TechCrunch has stayed

like the fact that TechCrunch has stayed

like the fact that TechCrunch has stayed the same in terms of their their

the same in terms of their their

the same in terms of their their editorial content but you can tell that

editorial content but you can tell that

editorial content but you can tell that that definitely you know from from an

that definitely you know from from an

that definitely you know from from an executive level things things have

executive level things things have

executive level things things have changed from the top down basically last

changed from the top down basically last

changed from the top down basically last week when AOL announced that it was

week when AOL announced that it was

week when AOL announced that it was going to invest in michael Arrington’s

going to invest in michael Arrington’s

going to invest in michael Arrington’s fund did you think it was a conflict of

fund did you think it was a conflict of

fund did you think it was a conflict of interest well absolutely I mean you know

interest well absolutely I mean you know

interest well absolutely I mean you know Michael Arrington is sort of the head

Michael Arrington is sort of the head

Michael Arrington is sort of the head honcho you know at TechCrunch therefore

honcho you know at TechCrunch therefore

honcho you know at TechCrunch therefore he obviously has a say in you know what

he obviously has a say in you know what

he obviously has a say in you know what gets discussed and what gets put out

gets discussed and what gets put out

gets discussed and what gets put out there so you know I definitely think

there so you know I definitely think

there so you know I definitely think there’s a conflict of interest there I

there’s a conflict of interest there I

there’s a conflict of interest there I mean you know what was it one or two

mean you know what was it one or two

mean you know what was it one or two shows ago you guys were talking about

shows ago you guys were talking about

shows ago you guys were talking about Ashton Kutcher and he was writing about

Ashton Kutcher and he was writing about

Ashton Kutcher and he was writing about you know companies that he had invested

you know companies that he had invested

you know companies that he had invested in without necessarily you know

in without necessarily you know

in without necessarily you know disclosing it do you think that’s sort

disclosing it do you think that’s sort

disclosing it do you think that’s sort of the same same thing well I think it’s

of the same same thing well I think it’s

of the same same thing well I think it’s very different because Michael Arrington

very different because Michael Arrington

very different because Michael Arrington build TechCrunch because he didn’t

build TechCrunch because he didn’t

build TechCrunch because he didn’t follow any of the rules of journalism he

follow any of the rules of journalism he

follow any of the rules of journalism he basically wrote the rules himself so i

basically wrote the rules himself so i

basically wrote the rules himself so i think it was unfair to real to expect

think it was unfair to real to expect

think it was unfair to real to expect him to act differently after the

him to act differently after the

him to act differently after the acquisition i think the turning point

acquisition i think the turning point

acquisition i think the turning point wasn’t so much at the onset of the

wasn’t so much at the onset of the

wasn’t so much at the onset of the acquisition things were going to

acquisition things were going to

acquisition things were going to probably change you right at the

probably change you right at the

probably change you right at the business side I think it’s when they

business side I think it’s when they

business side I think it’s when they bought Huffington Post and made Arianna

bought Huffington Post and made Arianna

bought Huffington Post and made Arianna Huffington head of all content with

Huffington head of all content with

Huffington head of all content with Michael Arrington

Michael Arrington

Michael Arrington ordering to him a few interesting

ordering to him a few interesting

ordering to him a few interesting articles this week Paul Carr who writes

articles this week Paul Carr who writes

articles this week Paul Carr who writes for TechCrunch came out and when he well

for TechCrunch came out and when he well

for TechCrunch came out and when he well you love them are you hate him depending

you love them are you hate him depending

you love them are you hate him depending on what he writes but he’s a smart guy

on what he writes but he’s a smart guy

on what he writes but he’s a smart guy and he’s very you know clever writer so

and he’s very you know clever writer so

and he’s very you know clever writer so he basically came out with a bunch of

he basically came out with a bunch of

he basically came out with a bunch of tweets telling tim armstrong CEO

tweets telling tim armstrong CEO

tweets telling tim armstrong CEO chairman of AOL to go eff off and

chairman of AOL to go eff off and

chairman of AOL to go eff off and michael arrington asked him to you know

michael arrington asked him to you know

michael arrington asked him to you know expand in an article and I think what

expand in an article and I think what

expand in an article and I think what Paul Carr objected to was the fact that

Paul Carr objected to was the fact that

Paul Carr objected to was the fact that even though AOL says that the the

even though AOL says that the the

even though AOL says that the the venture fund is separate from TechCrunch

venture fund is separate from TechCrunch

venture fund is separate from TechCrunch though AOL is an investor it still is

though AOL is an investor it still is

though AOL is an investor it still is called crunch fun so this makes it very

called crunch fun so this makes it very

called crunch fun so this makes it very it gives the perception that TechCrunch

it gives the perception that TechCrunch

it gives the perception that TechCrunch writers are sort of in cahoots AOL was

writers are sort of in cahoots AOL was

writers are sort of in cahoots AOL was you know bought TechCrunch for a

you know bought TechCrunch for a

you know bought TechCrunch for a reported 30 million dollars of which I

reported 30 million dollars of which I

reported 30 million dollars of which I guess 20 million was guaranteed 10

guess 20 million was guaranteed 10

guess 20 million was guaranteed 10 million was an earn-out my guess is that

million was an earn-out my guess is that

million was an earn-out my guess is that once it became clear that Arianna

once it became clear that Arianna

once it became clear that Arianna Huffington and Michael Arrington could

Huffington and Michael Arrington could

Huffington and Michael Arrington could not really coexist AOL just said okay we

not really coexist AOL just said okay we

not really coexist AOL just said okay we can’t teach an old dog new tricks and we

can’t teach an old dog new tricks and we

can’t teach an old dog new tricks and we can’t tell Arrington what to do we’ll

can’t tell Arrington what to do we’ll

can’t tell Arrington what to do we’ll take that 10 million dollars that was an

take that 10 million dollars that was an

take that 10 million dollars that was an earn-out and we’ll just put it in your

earn-out and we’ll just put it in your

earn-out and we’ll just put it in your venture fund which has 20 million and

venture fund which has 20 million and

venture fund which has 20 million and we’re going to be the biggest one at 10

we’re going to be the biggest one at 10

we’re going to be the biggest one at 10 million we’re the biggest investor I

million we’re the biggest investor I

million we’re the biggest investor I think the problem once again is how tim

think the problem once again is how tim

think the problem once again is how tim armstrong communicated this for him to

armstrong communicated this for him to

armstrong communicated this for him to come out and basically say TechCrunch is

come out and basically say TechCrunch is

come out and basically say TechCrunch is a different sort of you know news

a different sort of you know news

a different sort of you know news organization with a different set of

organization with a different set of

organization with a different set of rules I can understand why that would

rules I can understand why that would

rules I can understand why that would upset everyone now this story is

upset everyone now this story is

upset everyone now this story is evolving Michael Arrington is no longer

evolving Michael Arrington is no longer

evolving Michael Arrington is no longer supposedly involved with TechCrunch as a

supposedly involved with TechCrunch as a

supposedly involved with TechCrunch as a writer would you continue reading

writer would you continue reading

writer would you continue reading TechCrunch or how does your reading of

TechCrunch or how does your reading of

TechCrunch or how does your reading of the site change well I I do enjoy

the site change well I I do enjoy

the site change well I I do enjoy Michael Arrington’s articles but you

Michael Arrington’s articles but you

Michael Arrington’s articles but you know he is not TechCrunch although he

know he is not TechCrunch although he

know he is not TechCrunch although he started it he doesn’t make the blog what

started it he doesn’t make the blog what

started it he doesn’t make the blog what it is it’s it’s the fantastic writing

it is it’s it’s the fantastic writing

it is it’s it’s the fantastic writing it’s the journalism as the stories you

it’s the journalism as the stories you

it’s the journalism as the stories you know I go back because I enjoy the

know I go back because I enjoy the

know I go back because I enjoy the writing of the writers I like their

writing of the writers I like their

writing of the writers I like their personalities since they’ve launched

personalities since they’ve launched

personalities since they’ve launched TechCrunch TV you get to know a little

TechCrunch TV you get to know a little

TechCrunch TV you get to know a little bit more about the personalities of the

bit more about the personalities of the

bit more about the personalities of the writer says pregnant yes did you see how

writer says pregnant yes did you see how

writer says pregnant yes did you see how pregnant Sarah Lacy is and yeah I mean I

pregnant Sarah Lacy is and yeah I mean I

pregnant Sarah Lacy is and yeah I mean I read it for the writing it’s it’s still

read it for the writing it’s it’s still

read it for the writing it’s it’s still great tech news now do you see any

great tech news now do you see any

great tech news now do you see any parallels when we fought Ali left paid

parallels when we fought Ali left paid

parallels when we fought Ali left paid content um no

content um no

content um no I don’t see that many parallels because

I don’t see that many parallels because

I don’t see that many parallels because he also left within a year of the

he also left within a year of the

he also left within a year of the Guardian acquiring him and I think this

Guardian acquiring him and I think this

Guardian acquiring him and I think this is the problem with these blog companies

is the problem with these blog companies

is the problem with these blog companies that are found around these big

that are found around these big

that are found around these big personalities and I think the only time

personalities and I think the only time

personalities and I think the only time when you know like Oh Malik also started

when you know like Oh Malik also started

when you know like Oh Malik also started Giga home and I think there he probably

Giga home and I think there he probably

Giga home and I think there he probably was the best at transitioning it away

was the best at transitioning it away

was the best at transitioning it away from his you know sort of cult

from his you know sort of cult

from his you know sort of cult personality to others I think when rifat

personality to others I think when rifat

personality to others I think when rifat left he was very smart to bring on very

left he was very smart to bring on very

left he was very smart to bring on very talented writer Stacy Kramer’s or rock

talented writer Stacy Kramer’s or rock

talented writer Stacy Kramer’s or rock star David Kaplan is very good there’s a

star David Kaplan is very good there’s a

star David Kaplan is very good there’s a lot of talented people there I just

lot of talented people there I just

lot of talented people there I just think the reality is that when you have

think the reality is that when you have

think the reality is that when you have such a strong personality who has such a

such a strong personality who has such a

such a strong personality who has such a strong boys when that guy leads you know

strong boys when that guy leads you know

strong boys when that guy leads you know I really enjoy erick schonfeld I’ve

I really enjoy erick schonfeld I’ve

I really enjoy erick schonfeld I’ve written little disclosure here I’ve

written little disclosure here I’ve

written little disclosure here I’ve written about a dozen articles for

written about a dozen articles for

written about a dozen articles for TechCrunch erick schonfeld it’s done

TechCrunch erick schonfeld it’s done

TechCrunch erick schonfeld it’s done more to help me become a better writer

more to help me become a better writer

more to help me become a better writer than a lot of the other editors I’ve

than a lot of the other editors I’ve

than a lot of the other editors I’ve ever written for but I just think

ever written for but I just think

ever written for but I just think there’s a loss that I’m not sure you

there’s a loss that I’m not sure you

there’s a loss that I’m not sure you know what TechCrunch is going to be okay

know what TechCrunch is going to be okay

know what TechCrunch is going to be okay a quick question before we move on to

a quick question before we move on to

a quick question before we move on to segment to do you think that journalists

segment to do you think that journalists

segment to do you think that journalists should remain on the sidelines or do you

should remain on the sidelines or do you

should remain on the sidelines or do you think times of change and journalists

think times of change and journalists

think times of change and journalists can get involved by you know investing

can get involved by you know investing

can get involved by you know investing in companies or whatever I mean there’s

in companies or whatever I mean there’s

in companies or whatever I mean there’s nothing wrong with journalists investing

nothing wrong with journalists investing

nothing wrong with journalists investing in companies it’s when they start

in companies it’s when they start

in companies it’s when they start writing about those companies favorably

writing about those companies favorably

writing about those companies favorably even with disclosure there’s there’s a

even with disclosure there’s there’s a

even with disclosure there’s there’s a certain level of trust with the reader

certain level of trust with the reader

certain level of trust with the reader that that gets lost their when when we

that that gets lost their when when we

that that gets lost their when when we know that that the the writer the

know that that the the writer the

know that that the the writer the journalist has something at stake you’re

journalist has something at stake you’re

journalist has something at stake you’re so old school I think that there’s an

so old school I think that there’s an

so old school I think that there’s an element of envy and jealousy from a lot

element of envy and jealousy from a lot

element of envy and jealousy from a lot of the traditional hardcore journalists

of the traditional hardcore journalists

of the traditional hardcore journalists to see a guy like Michael Michael

to see a guy like Michael Michael

to see a guy like Michael Michael Arrington who was basically a lawyer

Arrington who was basically a lawyer

Arrington who was basically a lawyer turned entrepreneur launched a site

turned entrepreneur launched a site

turned entrepreneur launched a site becomes so influential and get to

becomes so influential and get to

becomes so influential and get to basically live by his own rules so I

basically live by his own rules so I

basically live by his own rules so I think really here this is more of a

think really here this is more of a

think really here this is more of a story of jealousy envy while no one’s

story of jealousy envy while no one’s

story of jealousy envy while no one’s going to come out and say it put on the

going to come out and say it put on the

going to come out and say it put on the facade of oh my god integrity ethics and

facade of oh my god integrity ethics and

facade of oh my god integrity ethics and what not and I think because of the

what not and I think because of the

what not and I think because of the animosity between the huffington post

animosity between the huffington post

animosity between the huffington post which basically is the parent of

which basically is the parent of

which basically is the parent of TechCrunch now a subsidiary of AOL and

TechCrunch now a subsidiary of AOL and

TechCrunch now a subsidiary of AOL and the new york times when the new york

the new york times when the new york

the new york times when the new york times comes out and write saying oh my

times comes out and write saying oh my

times comes out and write saying oh my god this is so unethical i think this

god this is so unethical i think this

god this is so unethical i think this has spilled over more into huffpo and

has spilled over more into huffpo and

has spilled over more into huffpo and new york times and it’s a shame but I

new york times and it’s a shame but I

new york times and it’s a shame but I think TechCrunch will go on it’ll be

think TechCrunch will go on it’ll be

think TechCrunch will go on it’ll be fine it’s time to take a break we’re

fine it’s time to take a break we’re

fine it’s time to take a break we’re going to come back segment we’re going

going to come back segment we’re going

going to come back segment we’re going to talk about content versus

to talk about content versus

to talk about content versus distribution

”

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