Blog: Forward Thinking

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

3Si Phony VC

Everyone Who Knows Anything, Knows 3Si Phony VC is a Sham. Well, everyone except the local tech rags. With them, when it comes to that "knowing" thing, there appears to be a problem. These Tech "journalists" either don't know much or don't care about sharing letting what they know to get in the way of a story on deadline. The problem in DC is that too many of the "journalists" at rags like Technically DC and DCInno simply reprint bullshit without doing research. So when they post an article like this one, "WeWork’s veterans-in-residence program expands to DC," by Technically DC or...

Trustify High-Level Executive Turnover Screams Trouble

The Trustify High-Level Executive Turnover continues as a Senior Vice President with almost 3 years of tenor, leaves the firm. Here's an early slide adjusted to reflect turnover, used to raise money by Lying Thieving Danny Boice and Cruella Jennifer Mellon. These two Clownish Crooks are having trouble keeping the wheels on the Trustify Bus. This month, they add another Senior Vice President, Martin Garcia, to the list of potential cooperating government witnesses in an investigation into criminal activity and fraud. Take note of the Team Slide that Trustify used to raise money (see below). Due to Trustify High-Level Executive Turnover,...

March Dumpster Fire Trustify Update

Things must not be going well at the old Dumpster Fire Trustify. Money must be running low. Cracks are beginning to show. For instance, Harvard Boy Danny Boice and Cruella Puppy Coat Wearing Jen Mellon didn't take their usual private jet to South by Southwest. They flew commercial with the unwashed. Well, not quite the unwashed. They didn't fly coach. The spent their investor money to upgrade to business!  It must be nice to travel in style on investor money when the company is hemorrhaging cash. It must be nice living off of investor money when you rarely show up for work and...

3Si Jason Feimster part 3

My 3Si introduction was in early 2017 when a friend, let's call him Joe, called me about a VC he was speaking with. I had been advising this friend for years. He's a great guy and in the last five years, he has been diligently building a great company that serves a social good. I love this guy (yes DC, Mr. Cranky doesn't hate everyone). Joe had recently pitched at a local venture capital pitch event where he met a big-time Venture Capitalist interested to invest in Joe's company. They had follow-up meetings after the event and 3Si confirmed they...

Chalant Health… Another One Bites The Dust

Updated March 12, 2018: Hmmmm Chalant Health seems a little less healthy each day. I just got off the phone with Janice Riley, the Manager of Technical Innovation Center at Hagerstown Community College. Janice Riley is listed as an advisor on Chalant's Health website (as of today but probably not next week) She acknowledges that she met Matthew Pugsley, CEO of Chalant Health, but like so many of the people who were listed as executives on Pugsley's team page (see this post, there were  7 Execs listed on January 7th and there are 3 listed today), she had no idea she was...

Matthew Pugsley of Chalant Health or Hey Big Spender!

Matthew Pugsley, Chalant Health CEO needs cash. He says he needs Cash for his "startup company" called Chalant Health. Not true. It's Friday, the evening of March 2nd, Matthew Pugsley and his girlfriend, Jan Ridgely, CEO of United Charitable were out partying at JVs in Falls Church. Big spender Pugsley was having a great time. Buying the drinks for the performers, the Houk Robinson Duo. But whose money was he using? Where did a man who reportedly owes tens of thousands in back child support get the money to buy a round of drinks for anyone? Houk Robinson Duo playing at JVs in...