Comments on: Bootup Labs Founder: "I Made Mistakes. I Was Wrong"

By: Rich

Rich — Sat, 08 May 2010 22:27:02 +0000

Saul, the public needs to know the facts here and not be misdirected by buddies, fans and groupies… as to your credibility, well, calling yourself “the smartest man in the world” kind of says it all…

http://www.saulcolt.blogspot.com/

By: Bootup Labs Loses a Founder, Gains an Adviser

Bootup Labs Loses a Founder, Gains an Adviser — Tue, 04 May 2010 14:47:07 +0000

[...] were ejected from the program for the same reason. Mann apologized for what happened, and Robinson later admitted that the entire incident was handled [...]

By: Saul Colt

Saul Colt — Mon, 03 May 2010 01:23:20 +0000

Hey Rich,

I appreciate you taking the time to take an anonymous shot at my personal character (without looking at my background) but I hope you don't get upset if I ignore you.

p.s. fell free to gang up on me all you wish as I will not be responding to this thread any longer.

By: Rich

Rich — Sat, 01 May 2010 21:27:58 +0000

Saul, its good that you are 'standing by your opinion, but as a self-confessed Bootout fanboy and someone with no venture capital industry experience, your opinion needs to be considered accordingly, e.g. biased and absent any meaningful sector knowledge, expertise or credibility.

By: Saul Colt

Saul Colt — Sun, 25 Apr 2010 17:46:16 +0000

This isn't a comment but more of an observation. It is interesting (to me at least) that all the negative comments are from people with no last names and no email links.

My opinion is an unpopular one in this post but still I stand by it.

By: Stewart

Stewart — Sat, 24 Apr 2010 20:35:25 +0000

Hey, isn't this Robinson guy the same one who was posting all over the internet about how "Venture Capital is broken - lets fix it"?

Right!.... Guess Danny found a way to break Venture Capital even more!

Seriously micro-funds like Bootup have no chance of carrying their overhead. Its a flawed, bad idea. Startups just bootstrap and find your own angels. There are lost of angel groups and forums when you're ready.

By: Don

Don — Sat, 24 Apr 2010 17:29:03 +0000

I generally admire loyalty from supporters but in this case frendship and a desire to keep Bootup's fun clubhouse alive are interfering with clear logic and good judgement. Let me put it simply. Startups don't need any additional risks from dealing with unstable, inexperienced and unfunded funds or investors of any kind. Bootu's performance record of successful exits is Zero (or minus 4 if anyone's counting) and there is clear evidence of gross errors in judgement, if not fraudulent misrepresentation. Not a company for any rationale entrepreneur to do work with. Just sayin'

By: Sam

Sam — Fri, 23 Apr 2010 06:11:59 +0000

Am I the only one who thinks their biggest mistake was accepting startups BEFORE funding was in place?!? Come on seems like investing 101 stuff and guys don't get that most basic of rules, well...

By: Mathew Ingram

Mathew Ingram — Thu, 22 Apr 2010 17:52:44 +0000

Thanks for the comment, Saul. They have an uphill climb ahead of them, no question.

By: Don

Don — Thu, 22 Apr 2010 17:12:53 +0000

In the investment industry, reputation and character is everything. Suggesting errors in judgment or misrepresentation like this are acceptable is simply wrong thinking. Entrepreneurs, think about it for yourselves. Help like this you don't need. Anyone who suggests that you do is either a buddy helping with spin control, or the have a screw loose.