{"id":243,"date":"2011-05-02T10:16:44","date_gmt":"2011-05-02T17:16:44","guid":{"rendered":"http:\/\/www.danshapiro.com\/blog\/?p=243"},"modified":"2011-05-02T10:17:23","modified_gmt":"2011-05-02T17:17:23","slug":"open-letter-to-mike-arrington-please-stop-investing-in-startups","status":"publish","type":"post","link":"https:\/\/www.danshapiro.com\/blog\/2011\/05\/open-letter-to-mike-arrington-please-stop-investing-in-startups\/","title":{"rendered":"Open letter to Mike Arrington: Please stop investing in startups"},"content":{"rendered":"<p>Hi Mike,<\/p>\n<p>I&#8217;m one of your customers.<\/p>\n<p>We don&#8217;t really know each other.  We&#8217;ve chatted at a few events, you&#8217;ve covered <a href=\"http:\/\/techcrunch.com\/2009\/10\/19\/photobucket-to-be-valued-at-60-million-in-sale-to-ontela\/\">some of my antics<\/a>, but I&#8217;m mostly just a guy who reads TechCrunch a lot.  I find it&#8217;s a pretty good place to see what&#8217;s important in the industry.  And you and your team do some damn fine reporting on things the world wouldn&#8217;t know about otherwise.<\/p>\n<p>I am product guy, not a media critic. But I&#8217;m a big believer that economic incentives shape behaviors in subtle and unmeasurable ways.  And I think your decision to make <a href=\"http:\/\/techcrunch.com\/2011\/04\/27\/an-update-to-my-investment-policy\/\">investments in startups<\/a> is going to make TechCrunch a worse product.<\/p>\n<p>I can&#8217;t tell you exactly how.  Are you going to be a little more likely to ignore competitors to your companies? Cover them, even when they&#8217;re not newsworthy, to show you&#8217;re not biased? Feel compelled to pull or throw punches, either to support or prove you&#8217;re independent of the companies you deal with?<\/p>\n<p>I don&#8217;t know.  But I think it&#8217;s going to happen, it&#8217;ll be subtle, and it&#8217;ll make TechCrunch worse.<\/p>\n<p>I&#8217;m not making demands or threatening to leave.  Just making a request, from one product guy to another: journalistic independence is a great feature.  Please don&#8217;t cut it.<\/p>\n<p>Best wishes,<\/p>\n<p>Dan Shapiro<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi Mike, I&#8217;m one of your customers. We don&#8217;t really know each other. We&#8217;ve chatted at a few events, you&#8217;ve covered some of my antics, but I&#8217;m mostly just a guy who&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-243","post","type-post","status-publish","format-standard","hentry","category-startups"],"_links":{"self":[{"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/posts\/243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/comments?post=243"}],"version-history":[{"count":1,"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/posts\/243\/revisions"}],"predecessor-version":[{"id":250,"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/posts\/243\/revisions\/250"}],"wp:attachment":[{"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/media?parent=243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/categories?post=243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.danshapiro.com\/blog\/wp-json\/wp\/v2\/tags?post=243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}