Monday, May 9, 2011

An Update To My Investment Policy

Before TechCrunch I was an occasional angel investor, going back to the mid 1990s. I've also made investments since TechCrunch, in companies like Dogster, DanceJam, Seesmic and Daylife. Some people have seen this as a conflict of interest, which it of course is. To counter that I've always disclosed investments, and try not to cover these startups myself. Occasionally when news is breaking quickly or for other reasons, I will write about the company, but with the appropriate disclosure. In 2009 the accusations of conflicts of interest by our competitors became somewhat distracting, and for a couple of years I discontinued investing in startups completely. That policy has now changed. Over the last several months I have begun investing actively again. We've noted these investments in Shawn Fanning's new startup and in Kevin Rose's new startup.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/EagTh6uk2kk/

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