So we didn't come up with the $2,500 to go to TechCrunch 40. We did manage to bank $665 from you all, so thanks. I wanted to spend this money on liquor and tits, but Kyle talked me out of it - he has a better idea.

Watch in the coming weeks for an announcement, we're going to do something cool with this cash. And yes, it will involve alcohol.

As for the Techcrunch jerkoff, I have full faith in Valleywag's team of spies to get in there and summarily get thrown out, better than I could have done. Who knows, maybe I'll show up and throw a drunken temper tantrum in the hotel bar.

Update from Kyle: Please email us if you want your donation back. I originally thought that pledgie would actually live up to its name and keep these "pledges" on hold until the goal was met but that wasn't the case. Most of you paid by credit card or check which paypal has already taken a cut of so please do email me to work things out. We didn't really want to do a donation drive in the first place but you guys asked for it. This is certainly the last time we'll be doing anything like this.