Tech News, Startups, and VC by Michael Arrington
Michael Arrington is the founder of TechCrunch and Arrington Capital, credited with launching the first XRP-denominated hedge fund worth $100 million. He has invested in more than 50 crypto startups, in addition to his earlier work building TechCrunch into a leading tech media brand before selling it to AOL in 2010. His earlier projects included the CrunchPad tablet, which only drew 90 pre-orders, showing his long-standing willingness to experiment.
In September 2023, he stepped down from the Celsius bankruptcy board citing governance concerns, though he continued to support restructuring via Fahrenheit. In May 2025, he warned that the Coinbase data breach posed serious life-and-death risks, stressing accountability in crypto security. His consistent engagement highlights him as both investor and critic.
Arrington’s estimated net worth stands between $15 million and $25 million, largely from venture exits, crypto fund returns, and speaking engagements. He has backed some of the largest DeFi and NFT platforms, with Arrington Capital reporting hundreds of millions under management in peak years, making him a notable bridge between venture capital and digital assets.