The tradition of hard-boiled eggs being offered at a bar goes back hundreds of years, prior, even, to the opening of Keens Steakhouse, which was established in 1885. Of late, however, the quaint practice has run afoul of increasingly zealous governmental inspections.
It was already apparent from headlines like “The Tech Press: Screw Them All,” but TechCrunch founder Michael Arrington is rather fond of the phrase, “I’m not a journalist.” No matter that the blog he founded dominates the sphere of reporting he adamantly disavows. This made itself apparent back in April when Mr. Arrington announced that he would restart his career as an angel investor in startups, even as he continued to write about them for his influential blog. With disclosures, of course.
AOL, which purchased TechCrunch back in September, was forced to issue him an exemption to the employee code of conduct.
Last week, Mr. Arrington bucked conventional ethics once again when it was reported that Mr. Arrington would be launching a $20 million dollar venture capital fund to (wait for it!) invest in startups like the kind covered on his blog. The list of investors in the fund reads like a cast of regulars from the webpages of TechCrunch. Venture capital firms like Kleiner Perkins Caufield & Byers, Greylock Partners and Sequoia Capital plunked down $1 million a piece, along with a who’s who of hot Internet investors like PayPal’s Marc Andreessen, Digg’s Kevin Rose, and Russian web billionaire Yuri Milner. The only head-scratcher in the bunch was the fund’s leading limited partner: Mr. Arrington’s employer, AOL, which is reported to have put up half the fund’s capital.
Before Bill Clinton walked onto the stage in the Hilton Hotel’s third-floor ballroom, he stood in the wings as the president of the International Association of Fire Fighters praised him for nearly six minutes.
“Simply put,” said I.A.F.F. general president Harold Schaitberger, Mr. Clinton is “the kind of leader American workers need more of holding office today at every level of government.”
Christine Vachon’s Killer Films will produce a film adaptation of James Frey’s The Final Testament of the Holy Bible. In the book, which was released in April, Jesus Christ returns in the form of a bisexual recovering alcoholic named Ben who lives in the Bronx.
In an interview with The Observer, Mr. Frey said that Read More
The Lunch CROWD
A signed photo of Regis Philbin in his pre-retirement years of taut jowls and salt and pepper hair greets guests near the entrance to Rao’s on East 114th Street. Next to him the top half of a dutch door is open, drawing the eye into the steaming kitchen of the legendary Italian eatery, a Read More
Not everything has moved to Lincoln Center for Fashion Week. Last Wednesday, Anna Wintour and Ralph Lauren ate lunch together right here at the Four Seasons Restaurant. Just the two of them! Harvey Weinstein was here last week, too, eating with a banker. And he kept the banker waiting, which must mean he is important, Read More
Ursula Burns, the chairman and CEO of Xerox, has been named one of the 20 most powerful women in the world two years running by Forbes thanks to her efforts remaking the century-old copier company into a “data service” outfit.
It’s not unlike her former home at the Beekman Regent, a 20-story condo building at Read More
Even exquisitely uncomfortable pointy-toed dress shoes can’t keep Michael Kors from practically any retail neighborhood in the city he so desires.
It reportedly took ages to lure the designer to check out Unago’s former space on Madison Avenue for his New York City flagship. But once they got him through the door, Read More
Peter Orszag may have dumped his pregnant girlfriend for a hot, young ABC correspondent in by no means the worst Democratic party scandal of 2009. But as every New Yorker knows, the best way to get even is to get better real estate.
The lithe Claire Milonas arrived on the arm of the lanky budget Read More
SNL real estate palooza!
If Manhattan real estate transfers are any barometer for Big Apple success, graduates of the Lorne Michaels school of comedy are certainly having the last laugh. Last week The Observer reported that Jimmy Fallon and wife, Nancy Juvonen, purchased a third apartment at fancy 34 Gramercy Park East; Read More