I'm not sure where your link on AllThingsD was meant to lead. Was it this article?

http://allthingsd.com/20110902/crunchfund-unethical-ventures...

Edit: Thought this excerpt was interesting (from the article above)

"Arrington told reporters yesterday that he has put a clause in his limited partnership agreement so he can report on anything he likes, and in any way, about his investors and their companies, however confidential, except those he invests in."