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Someone recently wrote that you know you are in a bubble when reporters start their own startups. Maybe that should be revised to be "when reporters start their

by rsingel 15y ago

Someone recently wrote that you know you are in a bubble when reporters start their own startups. Maybe that should be revised to be "when reporters start their own venture funds." (that said, this ain't the same as the last tech bubble, and the issues around Arrington/access/other angels are only going to get more and more complicated.)

vibrunazo 15y ago
Well, it's no exact science to measure whether there's another bubble or not. There's plenty of arguments for both sides. But if someone as insightful as Michael Arrignton himself is willing to make this bet. Shouldn't this give you hint that maybe we're actually not in a bubble? Or at the very least, that a bubble bust is likely not imminent for the near future? Imho, reading this news makes me a bit more hopeful.
rokhayakebe 15y ago
I disagree with tat someone's statement. I think MA has more connections that could be beneficial to startups that most angels. I for one would give him ownership in exchange for introductions to people he knows. I do not see what makes MA less qualified than most angel investors. He spent 5 years interviewing founders, being the first to learn about their ideas, seeing the ones he wasn't fond of (Twitter. Mike used to talk shit about Twitter, granted in a friendly way, all day long). I think he is very well placed to start his own angel fund. If you can start the platform where companies like Mint launched, and have Marissa Mayer show up for your conference, I think you can launch a startup fund.
- ignifero 15y ago
  Interesting. Let's see how his first startup goes, and how it ends up. Remember the crunchpad? The main problem i see with him is that he's not technical. Also how popular are his conferences/blog going to be if others see him as a competitor? Anyway, best of luck to his endeavors.
ecaron 15y ago
Agreed. If MG Siegler starts one I'm going to start stuffing my mattress. But Arrington deservingly should be seen as the business owner/CEO more than as a "reporter."
mhashim 15y ago
Did you forget about this guy? http://en.wikipedia.org/wiki/Michael_Moritz http://en.wikipedia.org/wiki/Michael_Moritz Not too shabby for a reporter.

by rsingel 15y ago

vibrunazo 15y ago

Well, it's no exact science to measure whether there's another bubble or not. There's plenty of arguments for both sides. But if someone as insightful as Michael Arrignton himself is willing to make this bet. Shouldn't this give you hint that maybe we're actually not in a bubble? Or at the very least, that a bubble bust is likely not imminent for the near future? Imho, reading this news makes me a bit more hopeful.

rokhayakebe 15y ago

I disagree with tat someone's statement. I think MA has more connections that could be beneficial to startups that most angels. I for one would give him ownership in exchange for introductions to people he knows. I do not see what makes MA less qualified than most angel investors. He spent 5 years interviewing founders, being the first to learn about their ideas, seeing the ones he wasn't fond of (Twitter. Mike used to talk shit about Twitter, granted in a friendly way, all day long). I think he is very well placed to start his own angel fund. If you can start the platform where companies like Mint launched, and have Marissa Mayer show up for your conference, I think you can launch a startup fund.

ignifero 15y ago
Interesting. Let's see how his first startup goes, and how it ends up. Remember the crunchpad? The main problem i see with him is that he's not technical. Also how popular are his conferences/blog going to be if others see him as a competitor? Anyway, best of luck to his endeavors.

ecaron 15y ago

Agreed. If MG Siegler starts one I'm going to start stuffing my mattress. But Arrington deservingly should be seen as the business owner/CEO more than as a "reporter."

mhashim 15y ago

Did you forget about this guy? http://en.wikipedia.org/wiki/Michael_Moritz http://en.wikipedia.org/wiki/Michael_Moritz Not too shabby for a reporter.