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 were hot to invest. I asked who he was speaking with at 3Si and he said, Jason Feimster. That was how Jason Feimster and 3Si first popped up on my radar screen. I told Joe I would do a little research and get back to him. I checked Angel List, checked Crunchbase, checked the 3Si website and all the data pointed to bullshit. The only portfolio company was a small company called Lifemarkers that had no investors with the exception of 3Si. The two principals of 3Si, Hard Weinstock, and Jason Feimster were the founders and management team of both Lifemarkers and...

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 an advisor. [caption id="attachment_77169" align="aligncenter" width="650"] Chalant Health Advisors as of March 7, 2018[/caption] With the exception of Matt's girlfriend and partner in crime in the scam known as Chalant Health, slimy Jan Ridgely (not to be confused with the extremely reputable Janice Riley), I assume all of the other folks listed as advisors are similar to Janice Riley...

Great #DCTech News for Jonathon Perrelli LifeFuels

I have fabulous news for DCTech! Just fabulous and it involves our own Jonathon Perrelli! It is what everyone in DC has been waiting for. A Tech Region defining company! We are just moments away from Jonathon Perrelli creating the DC Tech equivalent to Elon Musk's sending a Tesla to Orbit around the Sun. After nearly 4 years...

Consumer Electronics Show 2018 – Joshua Konowe Guest Correspondent

A few years, in 2014, one of my favorite commentators or commenters of cronies or whatever, who calls himself Skippy went to CES and agreed to share his impressions (see here). Today, Joshua reports from his latest experience at the show. It's definitely the place to try something new. Lots of spaghetti throwing, like the attached first screenshot I'm calling marketing message No. 347, or as a good friend put it, "random meta observations". This was from one of the big 3 car companies.  The second photo was Samsung's 2-story VR booth. The booth had VR skiing competitions and several immersive swivel chairs that maneuvered 360 degrees in all directions, especially upside down. So much confusion generally between AR and VR and the need to showcase why one is better than the other. Even what seems to be clearly defined already is not to the rest of the world. Lots of plugged in vehicles of all kinds. The first one is a foldable electric moped from Luxembourg and the next picture is a Chinese company trying to be Tesla-like. 50% of all the software and hardware products at the show are paring or trying to pair with Amazon's Alexa and Google Home. Apple may have lost this battle somehow. TBD. Very...

Chalant Health Leadership Turnover

Updated: January 12, 2018. In less than a month, Chalant Health Leadership Turnover has been more like a revolving door attacked by a tornado than that of a thriving business. In my Chalant Post on December 20th, the team page looked like this. On January 4th the Team dropped from 8 people, including CEO, Founder, and FlimFlammer Mathew Q. Pugsley to 4 people counting Mr. Pugsley. Chalant Health Leadership Turnover is a problem...