Michael Arrington, Tony Hsieh bankroll ex-TechCrunch writer Paul Carr’s stealth startup

Paul Carr

TechCrunch writer Paul Carr resigned in a blaze of glory a week ago, writing a blistering blog post about the activities of the tech blog’s parent company, AOL.

But the writer has landed on his feet with a new stealth startup that just so happens to be backed by Zappos founder Tony Hsieh and CrunchFund founder and former TechCrunch editor Michael Arrington.

In a blog post titled “What’s Next?” Carr writes that it should be an “an interesting adventure, given I literally wrote the book on start-up failure.”

He continued:

“Having Michael’s backing through CrunchFund is awesome for two reasons. First, I love working with him and am really happy to have the opportunity to do so again so soon after the whole TechCrunch/AOL debacle. And second, half of the money in the CrunchFund comes from AOL. I mean — ha! AOL!”

Carr isn’t saying what he’s doing, but the company will be based in Las Vegas as part of Hsieh’s “Downtown Project

UPDATE:  Meanwhile, Arrington has emerged with a new blog called “Uncrunched.” There’s very little content on the WordPress site, other than a post titled “Here I am” and a number of comments from readers.

  • http://blog.findwell.com Kevin Lisota

    I don’t know Paul, nor do I know exactly what his startup is all about. However, it is odd the way this played out.

    I don’t doubt that they were truly worried about “editorial independence,” and I’m guessing the way things played out at TC were unexpected to some degree. What is odd is his statement: “unless Mike Arrington was allowed to choose his own successor as editor of TechCrunch, I would no longer write for the site.” Noble and loyal to the end.

    Seven days later he announces funding for his own startup? Obviously that was in the works long before the fiasco, and clearly he was leaving anyway, so what was the point of the parting shot?

    Best of luck to him on the startup, of course, but it sure feels like the tech community was pulled into a drama that was a publicity stunt.

    • http://blog.calbucci.com/ Marcelo Calbucci

      Not sure that’s true. “Funding” could be $10,000, and “startup” could be a new tech blog. Given that Arrington & Carr can attract a fairly large audience from the get go, whatever they do will be generating tens of thousands of dollars in revenue on month 1.

      • http://blog.findwell.com Kevin Lisota

        Fair enough, but with AOL a major funding source, I can’t imagine that CrunchFund would fund a TechCrunch competitor or anything similar. Would certainly add to the intrigue though.

    • http://blog.CascadeSoft.net @CascadeRam

      >>I don’t doubt that they were truly worried about “editorial independence,”

      I think you’re being too generous.

      There were clear conflicts of interests and they couldn’t have used “editorial independence” to justify the suggestion that AOL ignore these conflicts.

      Arrington made a conscious decision to sell TechCrunch. He made another conscious decision to run CrunchFund. He could have just quit his editor role gracefully, but chose to go the drama route.

      >>Obviously that was in the works long before the fiasco, and clearly he
      was leaving anyway, so what was the point of the parting shot

      another example of the conflict of interests and the love for drama.
      TechCrunch was just an employer, Arrington obviously had much more to offer him.

    • Guest

      Occam’s razor states that the simplest answer is most often the correct one.

      As a professional blogger, Mr. Arrington’s primary asset is his brash self-centered writing style. Food is put on his table — in great quantities, apparently — when Mr. Arrington unhinges his MacBook and taps out 300-word screeds that catch other bloggers’ attention.

      To kill the blogger, you starve him. To deny Mr. Arrington his food, simply disregard him as a blogger. I’ve already started filtering most of my RSS feeds through Yahoo! Pipes to remove Arrington-related stories; I suppose Geekwire will have to be next.

  • Anonymous

    frankly, I’m getting really tired of all the CrunchDrama.  It wouldn’t bother me if all the actors faded into silent oblivion.