Media Isn't Buying TechCrunch Founder's Victim Routine

Michael Arrington, the founding editor of TechCrunch, has been making plenty of noise since being relieved of his duties by Arianna Huffington last week. Her reason for ousting Arrington was his new $20 million venture capitol fund, brazenly called CrunchFund, which invests in some of the same companies TechCrunch covers. AOL, who bought TechCrunch from Arrington last year, has invested approximately $10 million into the new fund.