Blogger Michael Arrington has a reputation as a Silicon Valley kingmaker.
He sold his TechCrunch blog to AOL for $25 million. Arrington started CrunchFund, a venture fund for tech companies.
Big name investors lined up, hoping to catch some "deal flow". He was called out by journalists for investing in companies TechCrunch writes about.
They cried 'conflict of interest'.
AOL's Tim Armstrong initially defended Arrington, but Arianna Huffington said he is definitely out.
Despite already being fired, Arrington has given AOL an ultimatum ...stop messing with TechCrunch, or he'll leave.
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