Morally Bankrupt Communiclique Declared Financially Bankrupt

This Morning, in a Deleware Court, Communiclique declared financially bankrupt by a judge. Communiclique (AKA Clique & CliqueAPI) CEO, Founder and Board Member, Andy Powers did not show up in court as the judge had ordered. Based on the fraudulent evidence, the judge referred Andy Powers to the US Attorney's office on criminal charges. Game On! Or Game Off! Or where the hell was Andy Powers? Let the Games Begin! In addition, the judge declared Andy Powers, big shot, big-time business guy, master of the universe, financially bankrupt...

Tim Lee – Wolf of Startupland?

Who is Tim Lee? That is the question. Late last year, I started getting tips from multiple founders regarding a strange duck, called The Sabotage Institute. Depending on who you talk to, Sabotage Institute is a VC, a Dumpster Fire, an Incubator, a Pretangel or an aptly named company designed to sabotage the reputations of companies and people. Many of the Sabotage tipsters urged me to look at one of the founders, Tim Lee. Described as a high-pressure, huckster. More than one and less than ten entrepreneurs referred to Tim with harsh epitaphs, relating tales of Tim's used-car salesman approach to recruiting founders. Fortunately, my friends who were approached by Tim were in well-positioned companies and did not feel the need to sabotage their companies,  careers, and reputations by aligning with Tim Lee and Andy Powers. Others, like Armortext, took money from Sabotage and the CEO, Navroop Mitter wrote to me to defend Sabotage when I referred to them as a possible Pretangel in this post. I was unable to find enough verifiable facts positive or negative to confirm these reports, so I filed the information away in my Tim Lee, possible wolf of startupland file. Then Communiclique (doing business as CliqueAPI because changing your name...

The Fort - Jonathon Perrelli Fortify VC

Jonathon Perrelli Fortify VC Part 2

Jonathon Perrelli and Fortify VC Part 2 (see part 1) It was April 23rd and I had just posted an article about questionable startup investors titled, Pretangel Alert – Beware Fake VCs And Angels. That post was a warning for founders to be on the lookout for faux investors that pretend to be interested in investing with the true intention of garnering paid consulting engagements. In this post I non-derogatorily mentioned a couple of Investment Funds, including Fortify that were in a Zombie state...