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Friday, December 14, 2007

Michael Arrington - The Fact And Fiction Of Sam Sethi - Crunchnotes

Michael Arrington - The Fact And Fiction Of Sam Sethi - Crunchnotes

See also:
Here’s to You Mr(s) Arrington, Goodbye and Good Luck Startups (Sam Sethi)

Arrington and Sethi throwing mud

Sethi: Everyone is to blame except me - - mathewingram.com/work,

Crunchnotes Excerpt:
"So Sam Sethi, former TechCrunch UK editor, announced the closing of his Blognation blog network today. He lays 100% of the blame for the failure on me personally....

Sam is, in my opinion, a classic confidence man....

At the time it served Sam to say he was fired to get people to sympathize with him. Later, he says he quit, which is actually the truth....

But Sam made some very dumb decisions in the early days of Blognation. First, he booted the guy that actually came up with the idea, Lee Wilkins. It was probably not legal, but Wilkins, who lives in Romania, had little legal recourse. But Wilkins did tell potential Blognation investors what Sam had done, prompting Sam to lose his cool and threaten to kill him. I found out about this fairly quickly back in the Spring of 2007, but didn’t post on it....

Second, Sam said from the start that he had venture funding even though he didn’t. This was even written on the About page of Blognation....

In those intervening months Sam and some of his editors continued to take shots at TechCrunch....

Sam claims that my posting of that term sheet killed the financing, and blognation. That’s just not true. What is much more likely is that the term sheet was a fake created by Sam...

In his final post, Sam forgets to thank his editors who worked for free, or express any regret for lying to them during the entire process. I hope that some day Sam fixes that and tells the real story of Blognation."

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