The payouts for starting a business are just terrible when you account for risk. A tiny minority of entrepreneurs ever get rich. And the majority of entrepreneurs would probably make far more money, and have more stable personal relationships, if they just worked for someone else. Michael Arrington Read Quote
Journalists hold themselves apart, and above, the common person. They have rules designed to ensure their objectivity and impartiality. Michael Arrington Read Quote
If a tech journalist needs financial security before doing what their conscience dictates, I’m not sure they should be calling themselves journalists at all. Michael Arrington Read Quote
More than once at TechCrunch, we made AOL extremely uncomfortable with things that we wrote. But they never ordered us to write or not write about something because they understood that not only would we not comply, we’d write a post about the whole thing. Michael Arrington Read Quote
Our independence from AOL was so important to me that I negotiated an extremely odd provision in our purchase agreement that allowed me to disclose confidential information about AOL. It was their job never to give me that information. It was not my job to protect it in any way. Michael Arrington Read Quote
One thing I know from personal experience, judges hate it when parties talk publicly about their cases. There are a lot of things about our criminal legal system that need to be changed, and this is just one of them. Prosecutors know how to play the press. Most defendants don’t. Michael Arrington Read Quote
Most of the money I make now comes from investments from CrunchFund. And the vast majority of that is what’s called carried interest. Michael Arrington Read Quote
I want something completely new and different to happen, and lots of it. Stuff that makes us change the way we think about a market or the world. Something that inspires a new generation of crazy startups doing crazy things. Michael Arrington Read Quote
If you want to build a startup that has a good chance of succeeding, don’t listen to me. Listen to Paul Graham and others who are applying tons of data to the idea of startup success. That will maximize your chance of being successful. Michael Arrington Read Quote
