TECHCRUNCH: We Hate That Appallingly Stupid "CrunchFund" Idea, Too?Thank God Arianna Canned It

Yesterday afternoon, Mike Arrington and AOL CEO Tim Armstrong announced the launch of “the CrunchFund”, a venture fund that will — according to the New York Times — “invest in start-ups, including some that [Arrington] and his staff write about”.
Oh boy.
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See Also:
- AOL Left Arianna Huffington In The Dark About Arrington's Controversial VC Fund
- AOL Is Replacing Michael Arrington At TechCrunch ? He'll Still Write
- AOL SPOKESMAN: Mike Arrington Is No Longer Employed By This Company*
Source: http://feedproxy.google.com/~r/businessinsider/~3/pt4ibaKBuRQ/
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