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Can Silicon Valley's best-known startup blog stay at the top as its founder gets into the venture capital business?
On Thursday, news broke on The New York Times and Fortune websites that TechCrunch founder and editor Michael Arrington has started a $20 million venture capital fund called the CrunchFund. AOL, which acquired the tech blog last year, invested $10 million in the fund, and several of the Valley's best known firms (Sequoia Capital, Kleiner Perkins Caufield & Byers, and Greylock Partners) also contributed.