Blog: Forward Thinking

Often snarky, sometimes funny, thoughts and musings from Glen Hellman about Executive Development, Leadership, Startups, Washington DC Business and more.

Danny Boice’s Drug Induced Fever Dream – Journey to Trust

What follows is a bit is a blog post and analysis of said blog post that formerly could be found on the Trustify web site. The post was titled, "Journey To Trust, Part 1 -the man with the knife." After I started posting links to the blog, Danny Boice must have thought it would be better if he removed it.  It's gone. Of course, I am a patron of the arts so I will try and restore this artwork. The article, an incoherent, mix of Dashiell Hammett, Louis Carroll, Jim Morrison, and a 12-year-old, pre-pubescent boy,  spending his 4th year in 2nd...

Is Robert Katz a Deadbeat?

Robert Katz, is he a deadbeat? That's the assertion made in a GoFundMe campaign opened-up in December 2018 by 22 people who say Mr. Katz owes them a total of $79 thousand. Deadbeat? That's the opinion of these 22 people who may be biased because Robert Katz stiffed them.  To get an unbiased opinion I went to the one man who knows Rober Katz like no other...

Angel Kings Ross Blankenship is a Fraud

Angel Kings my ass. Ross Blankenship is a fraud. Old Ross, claims to have cut his teeth in the DC startup scene. I've been doing startups since 1978. Over that time I've worked with a few of the great entrepreneurs and tech visionaries in this town. No legitimate startup veteran even knows this clown. Let me tell you, Ross Blankenship is not an entrepreneur, nor is he a tech visionary, nor was he ever been a thing in DC of any consequence to anyone but his mom. The cockroaches in DC built better businesses than Blankenship. He's not an Angel Investor...

LinkedIn Scammers meet Sam Walton AKA Yuhao Fan

Yesterday, I received this exciting invite on LinkedIn: Hello Glen, I am Yuhao, co-founder of two companies, one is valued at over $5 million. Just turned 22 and about to graduate this year. Working on the third and the greatest idea yet in D.C. Looking for a mentor as well as funding! To do good and make bank. Let's connect and have a chat. Cheers. Ahhhh...

Plate Vision wins Best of Show

DCTech has a best of show award winner that actually means something. It's not one of those LifeFuels-like, pay-the-fee-receive-an-award award things. Plate Vision is a product developed by two University of Maryland Professors, Dr. Chris Davis, Dr. John Rzasa.  The company was formed in cooperation with the help of the University of Maryland, Office of Technology Commercialization OTC. OTC helped Davis and Rzasa find the resources to create a business plan, find a CEO and garner an investment from TEDCO, the State of Maryland's, early-stage investment arm. The match between entrepreneur and University of Maryland technology was made through a partnership between...

Trustify – The Fat Lady Sings

It ain't over until the fat lady sings. In the case of Trustify, the fat lady sings. She's singing loud and clear. With the Danny Boice, Jen Mellon nuptials (look it up in the dictionary, pretend Harvard boy Boice) in shambles, the company being sued by a long line of creditors so long that many people are asking the courts to start a Disney World Fastpass-like service. As I reported earlier in the week, Boice is contacting anyone with an email address and asking if they want to buy $1 million of his personal worthless shares in a worthless company for $1.50...

Caution Danny Boice Trustify Secondary Shares For Sale

Caution Investors! Danny Boice is offering $1 Million of his personal Trustify Secondary Shares for sale. He is reaching out to investors to try and raise $1 million dollars, for himself personally and not for the company. By selling Trustify Secondary Shares, Danny and not the company gets the money and therefore the employees who have not been paid in months will not benefit from the sale. In multiple emails, Danny is reaching out to investors to sell shares he alleges were at one time worth $3 per share for the bargain basement price of $1.50. Back in December 2017 when Boice...

LifeFuels is a Punchline to a Joke.

LifeFuels is entering its 5th year as a company. Actually, LifeFuels is not a company, it's a punchline to a joke. What do you call a company that has been in business for 5 years and has no product, no sales, no nothing of any value except for press releases? Lifefuels is not a company, LifeFuels is a punchline to a joke. On April Fools Day, 2014, Life Fool Jonathon Perrelli founded LifeFuels...

An Idea is not a Company

An idea is not a company. It does not matter if it's a bad idea, like a $200 battery operated Jonathon Perrelli (JP) designed water bottle and connected phone app that feeds fuel pods to humans (in other words a glorified liquid PEZ dispenser). A bad idea is not a company just as a great idea like sliced bread is not a company. There are several requirements to qualify as a legitimate company and those requirements include engaged constituents, team members, customers, industry partners. and a product. Sorry JP, but an idea is not a product and LifeFuels is simply a bad...