Jonathon Perrelli Bottle

Jonathon Perrelli Epilogue Part 3 (revised)

Prologue to the Jonathon Perrelli Epilogue Two weeks ago, I posted the first of a 3 part series Jonathon Perrelli Fortify VC Part 1 with a follow up Part 2 last week. Yup there goes Mr Cranky picking on a poor pioneer of DC's Startup Ecosystem. Not one of the people who protested about the series did so by refuting any of the facts presented in those posts. JP didn't respond to my request for information, nor did he reply in comments, except possibly under a the pseudonym "goonsquad" in the comment section of the first post. All of the folks who protested my first two blog post, protested with the same response...

DC VC vs CB Insights Map

DC VC vs CB Insights – Fake News

DC VC vs CB Insights. That's today's story. Why is it that there are so few sources of real facts in the Startup World. CB Insights is a company that tries to sell and monetize data displays their total lack of understanding of data. They serve Data without Insight. Is CB Insights an arm of the Russian Government hired to distribute fake news? Data without wisdom is worthless.  Give a list of tables and data to this little monkey here and he will derive the same value from CB INsights list of Most Active VCs in Each State as a founder looking to raise money in DC. It's worthless to both. What should people do with a list that says a company that has not made a legitimate new investment in 3 years and has no office in DC or anywhere else for that matter do with this information? I guess this is the danger of small numbers...

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...

The Fort - Jonathon Perrelli Fortify VC

Jonathon Perrelli Fortify VC Part 1

Meet Jonathon Perrelli Fortify VC I first met Jonathon Perrelli (commonly referred to as JP) in late 2011 at a Founders Institute (FI) graduation. Twelve companies graduated and pitched that day. After many of the pitches, JP provided, what seemed to me at the time, expert commentary. He was electrifying, funny, talked about all the big things he had done in the past -- his friendship with Sean Parker (as in -- you know what’s really cool, a billion dollars -- played by Justin Timberlake in the Social Network Sean Parker… that guy), his connections with 500 Startups and other big Silicon Valley icons. So I approached JP, introduced myself, and talked for a while. I was impressed. He told me about his fund, Fortify.VC and why it was like bringing Silicon Valley to DC. We both liked one of the companies that pitched, HugeFan. In my excitement to do a deal with this guy (who I mistakenly assumed was a sophisticated investor)…. I decided to place a bet on HugeFan and that I’d rely on this “professional” to do the due diligence. JP went on to invest in two of the companies presenting that day, HugeFan and Feastie.  I put $25,000...