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After Valleywag pointed out the unseemly appearance created when Six Apart funneling donations from users' purchases to charities tied to investor Joi Ito, the company — right in keeping with its recent problems living up to its ideals of transparency — never publicly conceded the existence of a conflict of interest. But today, Ito, to his supreme credit, did just that on his own blog — and even acknowledged Valleywag in the post. Well done, Joi. If only the blog-software company you backed could learn from your example.