Alexandra Stanton, Gullible VC and Trustify Investor

Alexandra Stanton, calls herself a VC, and Trustify Investor. In this interview below, Alexandra presents herself as a seasoned investor who invests in double-bottom-line companies that "do well while doing good." Mr. Cranky thinks, not so much. If you can't see the interview yourself can find it by linking here. If you listened to the interview, you may have heard Ms. Stanton opine on the health of a very unhealthy, about to go out of business...

Joanne Boice’s Case Against Danny Boice, Trustify

People ask me what Danny's beef with his ex-wife has to do with the alleged fraud at Trustify. Here's the thing. Danny has started a lawsuit against his wife but dropped it when he was ordered to comply with his ex-wife's request for discovery. That discovery request asked for financial information on Danny Boice, Trustify and other information. Danny dropped the case, in my opinion in order to keep his financially cooked-books under wraps. His ex-wife, however, countersued and the court ordered that Danny produce the financials. Danny defied the court and still didn't comply. What is Danny Boice hiding? Why has he gone from suing his ex-wife for full custody of his children to putting himself in jeopardy of losing any custody of his children? For those of you interested in what's happening with Danny Boice, Trustify. Months ago, he sued his ex-wife Joanne for full custody of their children. I believe Danny is using the cash from his investors to harass his ex-wife. It wasn't bad enough that he cheated on her with her best friend. Abandoned her. Left her destitute by lying about his financial condition in order to pay a bare minimum of child support. He wanted...

Sorry DC… this isn’t the big one.

You know the definition of a slow DCTech news day? Every business day DCInno reports on everything that nobody needs to know in DC. Each day there is a feature called The Big One. Now I don't know about you but the big one to me means something.  It's like the earthquake that sinks half of California into the sea or the Heart Attack that ends a life. But not a pretend heart attack like this one from Sanford and Son: If you can't see the video link here. But according to DCInno, the big one on November 1, was an App that keeps you posted on the happy hour deals offered by bars. That's a cute little feature. Maybe Groupon could use it to delay their slow death. There are over 60,000 restaurants in the US and all of them are on yelp...

Attention Trustify Investors

Attention Trustify Investors: I have a treat for you. Want the next best thing to audited books on your investment in Danny Boice and Jen Mellon's dumpster fire FlimFlam, doing business as Trustify. Attention Trustify Investors: Danny Boice needs you to dump more, I mean invest more of your cash in Trustify so he can maintain his lifestyle. Attention Trustify Investors: Do you have an accounting of what the assets in which you invested? Check out this rental: https://laricks.com/property/10653422 See this home? You paid for it. Your investment went in for the down payment and is paying the mortgage and now that Danny and Jen have spent the bulk of your money on houses, cars, NetJets, and a new $150K boat in July. He has to rent this out...

All Eyes on Jonathon Perrelli and Fortify

So there's this guy in town (DC) who likes to play dress up. While all the other kids were playing Cowboys and Native Americans, this guy dressed up like he was a Venture Capitalist.  I'm talking about Jonathon Perrelli and Fortify. Back in the day, he played big venture capitalist boy. Today, all the other kids are playing astronaut, but little Jon is playing big-time CEO of a hot, water-bottle startup (not hot water but a hot startup and regular water). Nine years ago, there were some people in town who gave little Jonny P, real money which he spread around DCTech like cash was apple seeds and little Jon was Jonny Appleseed. Dressed up like a VC, he indiscriminately spread the cash randomly with no thesis, strategy or plan, throwing some here and there. Ninety percent of JP's investments were or are dogs. But just like a blind squirrel...

Cockroaches and Hand Grenades

When I was a young man, my first job out of Sales and Sales Management, was National Sales Operations Manager, which basically meant I was the VP of Sales, executive assistant (National Sales Operations Manager is to the Executive Assistant to the VP of Sales as the Chief of Staff is the Executive Assistant to the CEO. Its title inflation). Now, this VP was a former senior manager at Xerox, a notorious hyper-political organization and this guy, let's call him Jeff because Jeff was and probably still is his name was a puppet master extraordinaire. He would take a circuitous path to any goal...

Facebook Hoaxes

It would not be out of character to find Mr. Cranky ranting about the inability for supposedly intelligent people to think critically.  Mostly I apply this criticism to false startup prophets and bullshitocrat (Like for instance the 23-year-old kids who have never run a company, creating an investment fund in a scammy still unproven volatile market like cryptocurrency...