Another point of view to nosh on re: AngelGate. Chris makes some very good points and his sincerity is unquestioned. It was heart wrenching to read his response to someone who he obviously cares a great deal about and respects immensely.
After reading his response, I'm left more confused than before. Just seems like there are truths from both sides. Still, I'd be lucky to get funding from either Chris or Ron.
This is despicable and embarrassing for the tech community in my opinion.
This email from Ron Conway is staggering. Yesterday, I posted that the truth of AngelGate is probably somewhere between Michael Arrington's originally post and Dave McClure's response. It now seems like the truth is closer to Arrington's version than McClure's.
I feel like a total asshole because I posted a comment to the original AngelGate post on TC saying I thought Ron Conway was probably at the meeting (even though David Lee of SV Angel was there). Shows how much I know.
A day after what is now being known as AngelGate, we get two responses from Fred Wilson and the always entertaining Dave McClure. Though Wilson's response is very measured, logical, and concise versus McClure's scorch the earth post, I find myself feeling more convinced by Dave's post. However, they essentially say the same thing - collusion would be difficult to pull off in the hyper competitive world of angel investing.
With the initial shock of the collusion meeting over, I get the feeling that the truth is somewhere between what Arrington wrote and what these two and other angel investors at the meeting are now saying. Just don't know which side it's closer to.