A Top VC Rips 'Despicable and Embarrassing' Angel Investors

Major tech investor Ron Conway has thrown a barrel of gasoline on the rapidly escalating scandal known as AngelGate, in which a group of investors are said to be trying to control valuations on Silicon Valley startups. Conway is taking serious exception to that alleged group.

Crooked Angels: Top Tech Investors Accused of Collusion

A top Silicon Valley blogger has leveled explosive charges at some of the most influential angel investors in technology, alleging they are engaged in a conspiracy to collude and fix price levels for early-stage investments. At least two of the investors involved have denied Arrington's account.