Scam Alert: ExecMagic

Warning! Warning! Warning! ExecMagic is another company, much like AdvisoryCloud, which use to be ExecRanks, prays on people's desire to sit on boards (see AdvisoryCloud post here). It seems like AdvisoryCloud/ExecRanks, ExecMagic monetizes executives hopes and dreams of becoming a board member without much success of that exec obtaining a board seat. A couple of weeks ago, this cockwaffle, Tom Cook from ExecMagic messaged me from my website (see below). Thomas A Cook II ( Tom) from ExecMagic - Best practices Tuesday, April 16⋅5:00 – 6:00 pm email: [email protected] Description: Attendee: Thomas A Cook II ( Tom) Subject: Best practices‌ Phone: 530 693 4155 Information entered by the customer: I am looking for some coaching on how to do my job better and more efficient. June 6, 2019 Update: I just found out that Tom Cook is a fake name used by multiple salespeople at ExecMagic. Abra Cadabra, Poof, your name is now Thomas A Cook II...

Exec Cranky Rants On AdvisoryCloud Scam (Formerly ExecRanks)

Can we talk about the AdvisoryCloud Scam? Mind if I get Exec Cranky about the AdvisoryCloud Scam? First off what is AdviosryCloud and what is the AdvisoryCloud Scam (There ya go, I think I made enough AdvisoryCloud Scam references to get a good SEO ranking when people google  AdvisoryCloud Scam)? Advisory Cloud is a company that charges people who want a board seat but don't have the reputation, network, and/or credential to qualify to sit on a board, thousands of dollars to sit on their butts, twiddling their non-board advisory thumbs while waiting an eternity to become board members to non-existent companies (That should be their elevator pitch). Their clients are put on a list that is most likely longer than the waiting list of people who signed up five years ago for the LifeFuels Connected IoT Kool-Aid bottle from Jonathon Perrelli. People on either list have a better chance of getting rich by investing in Danny Boice and Jennnifer Mellon's Trustify than they do of ever being interviewed for a board seat or holding a LifeFuels bottle. They would have a better chance of being funded by Jason Feimster. They would have better odds of finding a thoughtful blog post on the...

Communiclique Bankruptcy (AKA: CliqueAPI)

Communiclique Bankruptcy? It looks like the investors believe a Communicliaque Bankruptcy is warranted.  On Friday, March 15, 2019, several investors petitioned a Deleware court to involuntarily take the company into Chapter 7, bankruptcy (see what a Virginia Court found about the fraud Andy Powers and his team perpetrated at Communicliqe). The case was filed by Attorney Daniel A. O'Brien, of the firm Venable LLP, representing creditors/investors: Andrew and Jamie Schwartzberg, Keith Hladek, Stonehaven Capital, Erik Sachwitz, Philip Lowit, Adam Stern, Robert Mitchell Pons, and the Paitaridis Children Family Trust. In one month, two of DC's scummiest bags are being attacked and forced into bankruptcy by their investors. Danny Boice of Trustify (see article) and Andy Powers of Communiclique were litigated into bankruptcy when their investors finally had a moment of clarity and realized they had invested in sham fake bullshit Potemkin Village-esque companies   What does a Communiclique Bankruptcy have in common with Trustify's Bankruptcy (check out the crime family post here)? [caption id="attachment_81076" align="alignright" width="243"] Andy Powers (kneeling) and Danny Boice all prison-tatted ready[/caption] Both companies were founded by criminals. Both Danny Boice and Andy Powers are pathological liars and crooks. Both companies existed to take investor money and put it into the pockets to fund a...

Kyle Sandler Can’t Make It Anywhere

Queue up the song, New York, New York! If you can make it there, you'll make it everywhere. Kyle Sandler couldn't make it there. Kyle Sandler couldn't legally make it anywhere. Kyle Sandler better hope he can make it in prison...

Heard Around DC Startups

Ah DC Startups, the red-headed, bastard, stepchildren of the startup world. For instance, the other day I read a quote by a guy. In terms of DC Startups, this guy is a successful founder with a good, relative to other DC Startups exits.  I like and respect this guy and his current company.  Yet, the quote was a perfect example of the ridiculous, over-the-top, kind of sound bites it takes to get ink or bits in the startup press in the wastelands of DC Startups. This quote inspired me to pick on all the pronouncements and predictions from DC's "prestigious" prognosticators. Here's the quote that inspired me, "We have the DNA of a billion dollar company" I have the DNA of a Neanderthal (2.7 % of my DNA to be precise) but that doesn't make me a caveman. Nope, I'm a caveman because I have failed to evolve. So to the CEO of the double-helix DNA company, you have the DNA of a decent company but you aren't the next Uber of Uber. On the other hand, you aren't Lifefuels...

Angel Kings Ross Blankenship is a Clown

Angel Kings my ass. Ross Blankenship is a clown. 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 has 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 or an Angel King. He's a clown, who used to work out of Washington DC. Unlike DC's special brand of two-bit hustling clowns, like Paul Singh, a man who was laughed out of town...

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...

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 was out raising money for his series B, he presented the following to the market. While Danny Claims that the company did $8 million 2017 ARR claims that 2018 ARR would be $20 million, employees tell me they think revenue never exceeded $100 thousand in any month. As far as the companies Balance sheet is concerned the company owns no assets of any value and its debt well exceeds an estimated $2 million. How has the staffing evolved since raising a round in 2018? Fake, retroactive-cofounder and soon to be Danny's Ex-wife, Jen Mellon, left her husband to become a human and left the...

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...

Jason Feimster is not a VC

Jason Feimster is not a VC, how can you tell? Let me count the ways. Do you have eyes? Do you have ears? Do you have internet access and know how to use Goggle. Do you have a brain that functions? That should be enough. Just looking at Jason Feimster should tell you Jason Feimster is not a VC. Hearing him pretend to be a VC should be a tip. A little internet research would tell you. Providing you have a functioning brain and the ability to reason, any sensible human should know that Jason Feimster is a lot of things...