Our independence from AOL was so important to me that I negotiated an extremely odd provision in our purchase agreement that allowed me to disclose confidential information about AOL. It was their job never to give me that information. It was not my job to protect it in any way.
In this quote, Michael Arrington reflects on the importance of independence and how it influenced the terms of a business agreement he negotiated. Specifically, he discusses a provision in his company's purchase agreement that allowed him to disclose confidential information about AOL. Arrington's emphasis on this clause reveals how vital maintaining his autonomy and freedom from the corporate influences of AOL was to him, even in the context of a business transaction.
Arrington's decision to include this "odd provision" in the purchase agreement was strategic. He made it clear that while AOL was responsible for keeping information confidential, he had no obligation to protect it. This highlights his desire for transparency and control over his own actions, refusing to be constrained by corporate norms that often prevent the free flow of information. In a sense, it symbolizes his rejection of any form of restriction that could limit his independence after the deal.
The quote also speaks to Arrington's character and his approach to business, where he prioritized his freedom over conventional business practices. By negotiating this provision, he was ensuring that his integrity and ability to speak freely were never compromised. It also hints at a certain level of defiance, where Arrington took steps to ensure he would remain in control of his narrative, even after a significant acquisition.
Ultimately, Arrington’s words reveal how important independence was to him, even in business dealings. He valued the freedom to act without being bound by corporate secrecy or restrictions, a principle that guided his actions during and after his association with AOL. His negotiation of this unusual provision highlights his commitment to protecting his personal autonomy and the transparency he felt was essential in business.
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