5 ms·
Right, but while he still had money in Seesmic, there was a huge Seesmic widget on every page on TechCrunch.
by quilby 17y ago
Right, but while he still had money in Seesmic, there was a huge Seesmic widget on every page on TechCrunch.
- jeremymims 17y agoChances are he put money in Seesmic for the same reason he put the widget on Tech Crunch: because he liked the product and thought it had potential. Putting money into a company because you can give their widget page views seems like an incredibly poor investment strategy.
- nir 17y agoHe may have invested in it because he thinks it's a good company, but providing it with a permanent space on his widely-read publication significantly improves the odds of his investment. I doubt even the most honest reporter can reliably cover a market he's invested in. Actual journalists seem to agree: http://www.nytco.com/press/ethics.html#avoiding http://www.nytco.com/press/ethics.html#avoiding (Unfortunately it seems that the people who wrote this ethics code are now taking cues from TC, rather than the other way around)