Washington Post Readers Dump on LifeFuels

The Tom Heath Washington Post Article The Washington Post's Thomas Heath is a good guy. He writes puff, feel-good pieces for the Post's Business Section. He's written about a bunch of clients, a bunch of good people. He's had a miss or two, for instance when he offered positive coverage to now-bankrupt Ponzi Scheme., Trustify. A company and two founders, Danny Boice and Jennifer Mellon facing multiple fraud and embezzlement charges (BTW, The Washington Post had to close the comment section because the comments against Boice were scathing). Tom is usually a cheerleader and yet in a recent post about one of DC's most embarrassing startups, LifeFuels, he's not so Rah Rah. In a Friday the 13th article about Jonathon Perrelli and LifeFuels titled, "This water bottle knows how much you’ve had to drink — and it tells your phone," he's a little skeptical. Thomas gives Perrelli, a noted embellisher of the truth the benefit of the doubt in a few instances...

Communiclique’s Andy Powers Once Again Doesn’t Disappoint

(September 13, 2019) If you took the 50 to 1 Vegas odds against Andy Powers showing up in court today with his new attorney, you would have been sorely disappointed. Vegas made the right call. If you are new to this case you can catch up on what you missed here. Okay? Everyone up to speed now? You get the idea, right? Andy Powers has been trying to delay this thing and string it out...

Ross Blankenship Failed Entrepreneur and Pretend Angel King

There are a ton of Ross Blankenship fans out there. And these, let's call them "fans" for lack of a better word love to tell stories about this creep. None of the stories are flattering. Since I last published a post about Ross, I've received multiple tips from people who worked with him. The consistent Ross Blankenship Story from all sources goes like this. The poor guy achieved two things in his life...

Andy Powers’ Judge Is Not Having It

If you do a google search for the worst on-screen romantic chemistry, a few couples keep coming up. Katherine Heigl & Seth Rogen in Knocked Up Jessica Alba & Mike Myers in The Love Guru Charlize Theron & Woody Allen in Curse of the Jade Scorpion Julia Roberts & Woody Allen in Everyone Says I Love You Any Woman and Woody Allen Any Man and Woody Allen Any Human and Woody Allen Any Plant and Woody Allen Woody Allen's Hand and Woody Allen If what took place at 11 AM on September 6th, 2019, in the US Courthouse in Alexandria Virginia, was a film...

Falfurrias Capital Partners acquires majority interest in DCTech company Industry Dive

Congratulations to the co-founders, CEO Sean Griffey (pictured above), CRO Ryan Willumson, CTO Eli Dickinson and the entire Industry Dive team, the best little company that DCInno never heard of. Industry Dive announced today that Falfurrias Capital Partners acquired a majority stake in the DC-based company. According to the company,  Industry Dive, "provides premium business news, original analysis, and other information products and services to more than 7 million executives across 19 industry verticals ranging from banking and supply chain to retail and waste." Founded 7 years ago, in 2012, Industry Dive started with a $900 thousand capital infusion by the founders and a small group of local Angels. Angels contributed $400 thousand in an initial seed round. That round was followed by another $250 thousand in equity and $250 thousand in convertible debt. The Washington Business Journal reported 2018 revenues as "roughly $22 million." The company's acquisition press release states, "Industry Dive's three-year growth rate of 348% placed the company in the top half of the Deloitte Technology Fast 500 and earned it a ranking as the 13th fastest-growing media company on the 2019 Inc. 5000 list. The company also has been recognized three years in a row as a top workplace by the Washington Post, and has...

Jennifer Mellon and Danny Boices’s Trustify Woes Add Up

Are you keeping score of Jennifer Mellon and Danny Boice's Trustify Woes? Well, I am. First, there is the bankruptcy case that alleges Jen Mellon and Danny Boice embezzled cash and defrauded investors. In this suit, Anchorage Capital who invested $6.5 million in Trustify alleges that Boice transferred $750 thousand per year into a personal account used to fund Boice and Mellon's household expenses. This was in addition to the $600 thousand a year the couple paid themselves to be officers of a money-losing dumpster fire. The suit alleges many transgressions against all the Trustify officers but specifically names Jen Mellon and Danny Boice multiple times. The suit stresses the importance of cutting Boice and Mellon off from the company's cash as soon as possible (see paragraphs 34 and 25 from the suit). 34. The facts likewise show the dire need for this Court to issue an Order maintaining Trustify's status quo and enjoining Boice, Jennifer Mellon, and Trustify's other current and former officers or representatives, from disbursing any funds or transferring any assets other than those needed to meet Trustify's day-today obligations, and from continuing to engage in the wrongful conduct that is causing damage to the interests of Trustify, its stockholders, and its investors. 35. Indeed, given...

AdvisoryCloud Inc 5000 Goofs

AdvisoryCloud is an  Inc 5000 fastest growing company? Bullshit! AdisoryCloud doesn't lead the Nation in Revenue Growth, Customer Growth, or Customer Satisfaction. Dumpster Fire AdvisoryCloud leads the business community in other categories like recent unemployment applications by former employees, Better Business Bureau complaints, and negative Trust Pilot reviews. In the last six months, AdivosryCloud laid-off over 60% of their employees. Yet, according to this article, in the North Bay Business Journal, by Jeff Quakenbush (email Jeff and tell him about your experience with this company, you can email him by linking here: jquackenbush@busjrnl.com), this Band of Douchenozzle's are killing it! These clowns at AdvisoryCloud came in #615 in the 2019 Inc 5000 with a three-year revenue growth of 713 percent. Hey, Jeff Quackenbush, want to know how they got listed at #615? Lie! Lie about your revenue and your growth. Hey Quackenbush, do you know how Inc 5000 audits the self-reported numbers of the applicants for the Inc 5000 list? They don't. So maybe you should take a lesson from my local paper, The Washington Business Journal's,  Andy Medici, and do a little digging. Figure out what's going on in your backyard, because AdvisoryCloud is a horrible failing company (Check these posts). This...

Is Jonathon Perrelli’s LifeFuels About To Become a Company?

(Updated 5:51 PM August 29, 2019) Hallelujah, Jonathon Perrelli! Yes! Yes! Yesssssssss! It's happy days for LifeFuels investors. According to an article first reported by Andy Medici in the  Washington Business Journal, Jonathon Perrelli's, LifeFuels will be shipping product at some yet to be identified mythical time in the not so distant near future like perhaps some time on some unspecified day this September...