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Would a sale in that region make Techcrunch a "dipshit company" in Arrington's parlance? http://www.avc.com/a_vc/2010/07/lead-investors-dipshit-companies-and-f
by pmjoyce 16y ago
Would a sale in that region make Techcrunch a "dipshit company" in Arrington's parlance?
http://www.avc.com/a_vc/2010/07/lead-investors-dipshit-companies-and-funding-every-entrepreneur.html http://www.avc.com/a_vc/2010/07/lead-investors-dipshit-compa...
- adammichaelc 16y agoIt wasn't Arrington who said that. He was quoting VC's who had said that. There’s a worry among venture capitalists, [Arrington] said, that angels are training “an entire generation of entrepreneurs who are building dipshit companies” that sell to Google for $25 million. In fact, that criticism might be extended to Y Combinator as well, which could be seen as “the king of the dipshit companies.” Arrington said he isn’t on-board with all of that criticism, but that it holds a “kernel of truth.” http://venturebeat.com/2010/07/29/angelconf-ron-conway-michael-arrington/ http://venturebeat.com/2010/07/29/angelconf-ron-conway-micha...
- pmjoyce 16y agoPoint taken; he was quoting an unnamed VC who said that and he believes there's a kernel of truth in it. He's also been characterised as supporting that point of view; on stage yesterday Chris Sacca straight out placed "his" words feet and he didn't take the opportunity to refute it: MA: No one is talking about the entrepreneurs. CS: That’s not true. You call some smaller companies “dipshit” companies, but they’re not. http://techcrunch.com/2010/09/27/the-panel-thats-definitely-maybe-not-about-angelgate/ http://techcrunch.com/2010/09/27/the-panel-thats-definitely-... Another quote from VentureBeat: "TechCrunch Editor Michael Arrington, who moderated the panel, had previously criticized some angels for funding “dipshit companies” that think too small and aim to be acquired by Google for around $20 million" http://venturebeat.com/2010/09/27/angel-investors-defend-small-valuations-and-dipshit-companies/ http://venturebeat.com/2010/09/27/angel-investors-defend-sma...
- fbailey 16y agoTechcrunch is not a scalable product business - so it'S not a dipshit business.
- qq66 16y agoArrington has never claimed to be building a company in the vein of those he covers as a journalist. It's more of a "very successful media outlet" than a "dipshit tech company."