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How does this make TechCrunch less credible? Credibility means publishing false information, this only shows how much startups value TC coverage. I see this as VB taking a desperate shot at a competitor.

If the author is trying to imply that TC gives coverage to companies that don't deserve to be covered, then that still does not make the coverage less credible, rather it makes the coverage irrelevant.

Do you feel that favoritism, neutrality and bias are completely isolated and insulated from concerns of credibility?
Firstly, this is not investagitive journalism. It's mere information.

Secondly, if a news source reported everything there is to know, then there would be just one news source. Given the time/spatial constraints not everything that needs to be reported gets reported by a news source.

In order to stay relevant, most sources want to be the first to report. If they can also sign exclusivity, then what better deal than that. They promise they will say something, not what they will say.

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haha! They VB pulled the article, guess they realized how foolish they looked, and how they were reporting on their own losses.
I strongly disagree. If they are indeed giving coverage to companies that do not deserve to be covered then that calls into question their credibility entirely.
But how does a pushy email from a founder prove this in any way? Doesn't call TechCrunch's credibility into question at all. (Also, check the update on the original article--the email was apparently sent to VB, not an accidental TC misaddress.)
Then again, most of the world is an old-boys club where credibility is secondary to social capital.
Define "deserve to be covered".

Hint: Every publication has it's own criteria.

Not sure how this email proves a backroom deal - it's a founder saying they bought something and they expect something. Sketchy, but all on the founder's part -- all suppositions to/from the founder, not the publication. Did they even get a story? Doesn't look like it.

This article sort of destroys the credibility of its own publishers, though. An email from a pushy founder doesn't show any guilt on the recipient's side. I would've dug into it a bit more before throwing out accusations. Maybe would've gotten a really good story out of it?

Disclaimer: TC covered our little startup and we were pleased as heck; no payola involved, we're not funded, we're not in any cool kids club. None of the other startup blogs has covered us except in passing once in awhile when referring to the cool kids.

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Update: "We’ve pulled this story down after talking further with the startup involved. We apologize to the startup and to TechCrunch."
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Flagged -- HN can do better than this. That was a terrible article, and does more to damage VentureBeat's credibility than anything else. Here is an excerpt from the now-deleted article:

"Of course, we have no proof whether TechCrunch was really part of this sort of deal-making. But at least, according to one reading, this start-up thinks that’s the way things work in Silicon Valley."

Translation: in email correspondence they had with a founder, they figured out shoehorn into what he said the idea that he thought he could trade favors for TC coverage. They then wrote up a story slamming this founder and TC, apparently before talking to anybody.

I don't work in the media, but it feels like a serious breach of trust to write an article indicting someone over a flimsy interpretation of something they say to you in a private email.

When did you load the article? Seems like it was pulled a bit before your comment, just wondering if you have a cached copy.
ironic that in the end Venturebeat destroyed its own credibility