Startup Funding: Who To Blame for the Lack of #DCTech Cash?

Who should we blame for the lack of startup funding in DC? Angel Investors - Let's blame the Angel Investors! Why aren't people like Mr Cranky investing in startups anymore? After all, wasn't Glen Hellman the #1 Angel Investor in the United States according to Tech Cocktail (tech.co) readers? Actually, no he wasn't and he, who is I, never was the #1 angel anywhere. He who is I, is (or am) also no longer an Angel Investor and the rest of this article describes why. Venture Capitalists - Let's blame the lack of startup funding on all the VC's who just don't "get it." Which isn't true if "it" is not understanding the value of a groovy app like Sick Weather. There is no it to get with apps like Trustify and Sick Weather.  The it that VCs do get however is the actually it that is the problem.  The it that is keeping them from actively investing in this region is that too few its have proven themselves to be worth it in DC as of late. That's why there used to be over 40 active VC's in this town and now there's only 4 or 5 or 6. The Government...

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? 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...

Stupid Investor Definition Danny Boice

Running Total Of Danny Boice Malfecience

Danny Boice and Trustify Issues Audit Cheater - Danny Boice was fired from The College Board - according to multiple sources his transgressions included: inflated expense reports including expensed visits to strip joints (2 sources) hiring contractors that were employed by a company of Danny's at inflated prices (1 source) when he was fired from The College Board a document/manifesto was distributed to all College Board employees, documenting many of his transgressions. (1 source who is forwarding the document to me) Unemployable - Danny Boice was fired from Speek, a company he co-founded for multiple infractions but the final infraction was that Danny disappeared for several days in Las Vegas. His then wife was so worried she filed a missing persons report with the police. When he finally appeared, undamaged, he had charged $40,000 on his Speek credit card.  Speek investors lost everything on that Speek. I'm sure the Speek investors were delighted to fund Danny's lost weekend. (multiple sources although the exact number $40,000 was from one source) People Who Know Say No - Virginia CIT Gap Fund is very familiar with Danny Boice. They invested in him when they invested in Speek. Virginia CIT Gap Fund, the state of...

Danny Boice Trustify Legal Issues

The Danny Boice Trustify Demand Letter Affair

Danny Boice Trustify Demand Letter So there I was. Minding my own business. When out of the blue. A knock on the door. The FedEx guy hands me one of the greatest gifts I've received since my grandma bought me socks and underwear for my birthday. Here was a poorly constructed, Demand Letter from someone who claims to be an "attorney," representing Danny Boice Trustify. I've requested permission to reprint the letter in full and sadly I have received no such permission so under the doctrine of fair use I will highlight some of the more ironic passages of this long rambling 5 page letter. The letter came from Anthony M. Conti, esquire of Conti Fenn & Lawrence PLLC of Baltimore. Mr Conti's letter dated April 12th was ominously labeled: URGENT - FOR IMMEDIATE REVIEW. The subject: Re: Demand to Cease and Desist Defamation of Daniel Boice and Trustify And very respectfully addressed to: Dear Mr. Helman: The opening: "I am writing on behalf of my client, Daniel Boice, to demand that you immediately cease and desist from continuing to publish false and intentionally disparaging statements about Mr. Boice and his company Trustify." Oh my...