Evan Burfield Fail – 1776 Part 3

Welcome to Evan Burfield Fail Part 3, in which I will trace Evan's creation of 1776 to his demotion to CEO of Union (to catch up you can read parts 1 and parts 2 here). In whole these 3 posts track the rise and fall of Burfield or Evan Burfield Fail. In an upcoming post, I will track the Burfield Effect on the DC Ecosystem and make some predictions about his future. If you are keeping score at home: I predicted the failure of 1776 years ago, albeit they breezed past my failure prediction of 2015 I predicted that 1776 would be bought out by Benjamin's desk I predicted that this so-called merger was an actual buy-out of a failing 1776 by Benjamin's Desk DC's Mr. Cranky or DC's Nostradamus? Stay tuned! Evan Burfield Fail - 1776 Coworking In 2012 Startup DC, enabled Burfield to cozy up to the DC Mayor's office. Mayor Gray. As the Startup America initiative was winding down, Evan developed his plan to leverage his relationship with Startup America's, Donna Harris, Mayor Gray and David Zipper, the Business Development Director for DC. In a process that took place in a darkened smoke-filled room of DC's version of Tammany Hall, Evan and Donna proposed the...

Evan Burfield – Startup America – K Street Capital Part 2

When you meet Evan Burfield, he looks you up and down and runs a quick algorithm. If the results indicate you can serve his short-term goals, you're a friend. If you have no apparent near-term value, even if you had helped him in the past, he deems you not worthy of his attention. That appears to be the formula. See a person, judge them from high to low in terms of the value they can perform in terms of his next goal. He's a brilliant analyst of short-term value and knows how to push the accelerator to get people to serve his goals. In this post, as in part 1 (seen here) and in upcoming Part 3 we follow this pattern and track the list of bodies that were pushed aside when value was extracted. Startup America - 2011 After Evan's second experience being fired by investors in the only companies he'd ever led and founded, he was once again, made available to industry. Yes sure, he'd been "promoted" to "Chairman of the Board," of Synteractive, a company that had no board supervision, but let's just say he was underemployed. In 2011, we find Evan, on the street, looking for some way to remain relevant....

Stupid Investor Definition Danny Boice

Definition of a Stupid Investor Definition is a Danny Boice Trustify Investor

Want to know the definition of a stupid investor? An investor who would give up audit rights to a con man like Danny Boice. When Jen Mellon tells an investor that it is too expensive to agree to audit rights she means that if she agrees to audit rights she couldn't use investor money to keep her in a nice house! Anyone who invested in Danny Boice and his Dumpster Fire excuse for a company, Trustify Why? Because unless you're looking for a tax write-off, you could have gotten a better return by pouring gasoline on your cash and setting a match to it. Why? Because if you had done any cursory research, you would have found that Danny is thief and a liar. Why? Because had you handed the money to me, I would have been upfront and told you I was going to use it to fund my luxurious lifestyle instead of putting it to work for you...

Evil - Fortify.VC

Trustify Lies and Washington Business Journal Bites

Yesterday, Andy Medici and the Washington Business Journal (WBJ) lowered the bar of business journalism by continuing to just reprint a Trustify Press Release instead of performing the any research. This story legitimizes the illegitimate. It's a disgrace. In yesterday's story Titled, Private detective startup Trustify adding 184 jobs in Arlington The WBJ embarrass themselves by aiding and abetting criminals. It's not the first time they've reprinted lies. It's not the first time I've pointed that out as you can see by this post: Washington Business Journal Buys Danny Boice Lies. Let's try and make sense of the senseless by quoting the WBJ in blue and rewriting to reflect reality. WBJ: "On-demand private investigator platform Trustify is spending $1.04 million to create 184 new jobs in Arlington, according to a joint press release by the startup and Gov. Terry McAuliffe’s office." Mr Cranky: "Highly-unreliable Dumpster fire formerly and more aptly known as Trustify assert they will spend $1.04 million to create 184 new jobs. They will spend the money to hire people to take care of their children, mow their lawn, clean their house, chauffeur them around and be personal servants...

A History Of Malfeasance – Turn Of Century #DCTech Part 2

When we last left our protagonist (see part 1) he, as in me referring to myself in the 3rd person as if I'm some kind of hero, had just stepped into a pile of poo called Ikimbo. Ikimbo at one time was one of those magical acts of reverse-alchemy where mismanagement, misdirection, and misrepresentation spun gold into a pile of turds (see turd to gold ratio). The first day I went to work with the following priorities: Earn team trust and limit the loss of talent Take stock of assets and liabilities Cut burn rate As I arrived in the office for my first day as boss and went about working the list: Address the troops - "Folks, we are in a bad place...