Scoble as VC: A case study in bad journalism

John Federico — Thu, 23 Feb 2012 17:20:29 GMT

Dan Lyons wrote a piece based on information from a "reliable source" that Robert Scoble was raising a VC fund. It turns out that none of it was true, but the post *was* a great way for yet another journalist to whine about how "bloggers aren't objective."

Storified by John Federico · Thu, Feb 23 2012 09:20:29

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Scoble (in the comments). There's more here.

This is bullshit.

What's funny is that this is nothing more than bar talk. I'm not involved in any startup fund and I don't think I will be anytime soon (I never say never because tomorrow Bill Gates could walk up to me and hand me a billion dollars, but I'm not holding my breath). I haven't gotten to any sort of negotations where I even see a term sheet or anything official. No email. No serious conversations. No business.

I do not invest in startups. I have no money in any tech company other than in Rackspace stock (I own some mutual funds that might invest in tech).

I never have gotten to the point where I've been offered money or a job in a fund. Can I make that any more clear?

Here's Robert's official post on the subject:

Scoble: hit man of Silicon Valley? http://scobleizer.com/2012/02/23/scoble-hit-man-of-silicon-valley/ Ahh, what a fun day it's been!
— Robert Scoble · Thu, Feb 23 2012 00:14:30

Still waiting to see a retraction or update to the original Lyons' post.

John Federico · Storify

Scoble as VC: A case study in bad journalism