[thewisedude]

<Quote> Not big investments — maybe $100,000. They don’t need your money; they can raise money from anyone. </Quote>

I dont agree with this. Many startup companies have to prove their mettle to get an investor want to invest in them. Also, there are significant chance of any startup going bust. He does not supplement what the odds are in making 10x/100x returns. So its difficult to buy the concept that just investing in them will make you richer in a few years. However, I do think Michael Arrington is doing what he can to protect his investment. But I dont think its the other way round..i.e -> Startups are not necessarily filtering investors based on the influencing ability of the investor.

[alain94040]

The real question is whether CrunchFund is leading or following. If they just follow, once other big names are committed, then frankly the value-added for startups is close to 0.