No venture firm has gotten more attention over the past month than CrunchFund, the seed-stage vehicle that precipitated Michael Arrington’s departure from AOL (AOL). But Arrington is not alone in CrunchFund. His partner is Patrick Gallagher, Arrington’s former college classmate who most recently was a principal with VantagePoint Venture Partners.
Below is a recent Bloomberg TV interview with Gallagher, in which he discusses the fund’s purpose and what the AOL/TechCrunch debacle means for future deal-flow.
[youtube=http://www.youtube.com/watch?v=AyDLEsomQRk]