• TechCrunch, Wednesday, November 3, 2010 12:48 PM

Turns out Jason Calacanis isn't going to sit idly by as his friend-turned-foe Michael Arrington sells TechCrunch to AOL for millions of dollars. (Or at least not quite so idly by considering that Calacanis first responded to the news in September with tweets like: "Even though @arrington screwed me out of TC50 I'm happy for him. He can get therapy, lose 80 pounds & start treating people with respect now.") Going beyond childish chiding and ad hominem slights, Calacanis is now threatening to sue TechCrunch for part of the proceeds from the AOL sale, Arrington reveals in a tell-all blog post.

"At the heart of the matter is a soured deal to run a tech conference together that ended in 2009," New York Magazine notes. After prefacing the [post] by saying 'somehow, I still consider him a friend,' Arrington divulges that Calacanis spread false rumors of drug use, got too drunk to show up on time, and was abusive to the point of bringing one of Arrington's employees to tears." Needless to say, the post is pretty one-sided, and -- thank goodness! -- we can certainly expect another version of the events from Calacanis.

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