Here's what she's referring to: "His startup’s really cool. But he could’ve launched a clown show on stage, and I would’ve put him up there, absolutely."

Arrington said he put Clarence Wooten up on the stage just because he's black. "He could've launched a clown show," and he still would've had him up there. Because he's black. That torpedoes whatever merit Wooten had in the eyes of the audience. Looking at Wooten's track record, it's clear that he's competent, so Arrington probably didn't mean what he said, but people really need to understand the implications of the words they use.

Her analogy is weird, though.