Former TechCruncher Gets Backing From CrunchFund

Zappos CEO also invests in mystery startup


Following his spectacular departure from popular startup blog TechCrunch, writer Paul Carr is working on a startup of his own. And he's doing it with money from TechCrunch-owner AOL.

Specifically, Carr has raised funding from Zappos CEO Tony Hsieh and from the CrunchFund, which is run by TechCrunch founder Michael Arrington and counts AOL as one of its major investors. Business Insider broke the news, and Carr confirmed it on his blog.

Carr left TechCrunch as part of the controversy over that same fund.

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