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Comment by pointillistic | Hacker News Reader

Someone, a person who was at the meeting informed Arrington about the negative purpose of the conversations. So either that person was lying to Arrington and Arrignton to the readers or Sacca is telling half truths. Even as he wasn't at the second meeting anyway.

It's rather obvious that for Sacca his relationship with Conway is more valuable than anything he does for the startups or his freaking charities. The purpose of his long, very long essay is the damage control of the relationship with Conway, nothing else.

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Look at the first reporting on AngelGate. Michael Arrington says he got the content of the meetings from multiple sources:

>This group of investors, which together account for nearly 100% of early stage startup deals in Silicon Valley, have been meeting regularly to compare notes. Early on it was mostly to complain about a variety of things. But the conversation has evolved to the point where these super angels are actually colluding (and I don’t use that word lightly) to solve a number of problems, say multiple sources who are part of the group and were at the dinner. According to these souces, the ongoing agenda includes:

Complaints about Y Combinator’s growing power, and how to counteract competitiveness in Y Combinator deals

etc...

Of course, he "claims" that, but it sure reads like a rant from a guy who got snubbed when he wanted to be buddy-buddy with potential sources of information.

I think this is really all about Mike ego not being stroked enough.

And no, I don't think it is outlandish to posit that Mike made the whole set of allegations up.

Wow, that's cynical. "Freaking charities"?

If you'd ever met Chris Sacca, you'd know that this isn't true. He has just about the strongest reputation of any investor in SV, and doesn't need to lie awake at night worrying about what Ron Conway thinks of him.

Freaking charities? I know we're entrepreneurs here, but I think helping others is about the best thing a person can do.

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