[prayag]

Copy pasted from below: "I happen to know Kieran Farr quite well. http://www.vidcaster.com/ was one of the first companies in our Co-op incubator. And, I have no doubt, that Kieran is going to be far richer than some reporter who still makes his living writing for a company that think that selling yesterday's news written on pieces of dead tree is a viable business model."

Now this is just a mean comment.

Nothing against 500 start-ups. Personally I don't think either YC or any company they fund considers 500start-ups as a competitor. There are tons of incubators in Silicon Valley.

The spirit in which the comment was made was just mean, in a manner that was directly attacking the company for being a competitor to their company(or his friend's company, or however it works).

No comments about Techcrunch's conflict of interest. I am not in the know-how of how the investment tree looks like.