Brilliant. Someone — apparently a rejected applicant for the TechCrunch40 conference going on now in San Francisco — has hijacked the shindig's name for a Twitter account and is skewering the presenters' every misstep live. Already, the organizers' lack of selectivity — if you'll recall, it was originally supposed to be 20, not 40, startups — is becoming clear. "Thus far, 50% of presenters have a better way to search for Britney Spears... GENIUS! (psych)" reads one Twitter.

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