Photo: Scott Beale
Last week I wrote a post about my current investment policy at TechCrunch, and pointing out already disclosed financial conflicts of interest. Our primary duty to readers, as I’ve said many times, is transparency. To that end we will (as we always have) be extremely careful in disclosing any investments I’ve made in startups or in venture funds. And these interests will be disclosed even when other TechCrunch writers are covering these companies.In that post I said that there would be a lot of criticism headed our way from our competitors. And that’s exactly what happened. AllThingsD calls me “vaguely icky.” The Atlantic Wire says what I’m doing “lowers the bar for journalistic independence.” And Tom Foremski says “It’s best to have a blanket policy of no investments allowed. That way readers can read the news without having to do all the leg work to figure out if there is any bias.”
So, hold on a minute…
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