Valleywag’s Ryan Tate has the wrap on last night’s Founder’s Club Internet Week bash here in New York:

There were so many old-media bigwigs at the Internet Week event, it’s surprising there were any admission badges left for Web startups. Bonnie Fuller, Jeff Zucker, Steven Brill and Jimmy Fallon joined Rupert Murdoch and Barry Diller. Myspace’s Jon Miller and AOL’s Tim Armstrong represented the new blood. There was enough space left over for a substantial contingent of New York Web entrepreneurs; the rope-line squeeze might have erupted into a media war had more of Silicon Valley turned up for Gotham’s promotional festivities.

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Gawker’s Nick Denton, Mahalo’s (and formerly Weblogs, Inc.’s) Jason Calacanis and Business Insider’s Henry Blodget.

Our boss was there too, Tweeting away