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The uBeam FAQ

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PaulReynolds:

--- Quote from: EEVblog on December 07, 2018, 10:08:59 pm ---This reminds me of Altium. Founder Nick Martin (a really nice and smart guy) ran the company with an iron fist for over 20 years and drove the share price into the ground in pursuit of whatever his latest vision was. He just wasn't a practical business guy and really had place no running a public company. It wasn't until he bailed out his buddy (and former early employee) buy buying his company (Morfik) with stock did hid buddy along with the board then have enough voting power to do a hostile takeover and finally boot him out.
They then righted the ship and focused on core stuff, ran it like a business, and within 8 years the stock climbed from 10 cents to $30.

--- End quote ---

For me, the analogy broke down at the "really nice and smart" bit.  ;D

However, you make a great point that every so often a moron finds a golden goose by sheer luck (there's a lot of morons out there, random chance has one succeeding eventually), and the goose keeps producing eggs despite the attempts of the moron to strangle it, and they view this as a sign of both their genius and a divine right to rule. I use the term "100th Idiot" in recognition of Iain M. Banks' quote.

StillTrying:
 :palm:   https://twitter.com/InfluenceDigest/status/1068563682362220544 :horse:

"It is her tech-savvy skills that earned her the respect of many young millennials."  :palm:

PaulReynolds:

--- Quote from: StillTrying on December 08, 2018, 02:17:45 pm --- :palm:   https://twitter.com/InfluenceDigest/status/1068563682362220544 :horse:

"It is her tech-savvy skills that earned her the respect of many young millennials."  :palm:

--- End quote ---

But not the respect of engineers...

Wow, their research is a bit weak if they didn't know they'd given the award to someone who appears to have just been fired.

Mark Suster also gets a mention but Brock Pierce? Err, they do know there's a bit of an underage kids molestation story going around there? As John Oliver said, Google "Brock Pierce scandal". From https://hornet.com/stories/brock-pierce-scandal-john-oliver-2/

"Just prior to DEN’s IPO, a young man identified only as Jake W. filed a lawsuit accusing Collins-Rector of sexually molesting him for three years, beginning in 1993, when W. was only 13. The IPO was cancelled; Collins-Rector, Pierce and Collins-Rector’s partner Chad Shackley resigned; and the company filed for bankruptcy.

When the company collapsed, Collins-Rector, Pierce and Shackley fled the United States after the three men had been accused of sexually abusing, drugging and making violent threats against underage DEN employees. The three were extradited to the United States for charges of transporting a minor across state lines for the purpose of engaging in sexual acts, however only Collins-Rector was charged."

Thanks for finding this, it might be blogpost worthy.

Edit: Yes, it was blog post worthy. https://liesandstartuppr.blogspot.com/2018/12/awards-lists-media-shows-how-valuable.html

sdpkom:

--- Quote from: PaulReynolds on December 07, 2018, 11:45:51 am ---

I don't think the facts, or my personal experience of the situation, can support the assertion Perry was manipulated into that position.  The TEDx talk (below) where she disparages engineers is from April 2012, not even a year after the "All Things D" demo, prior to even the majority of the seed round money (which I think was summer 2012), and definitively prior to the Series A (~$10m in Sept/Oct 2014). At that time the only "adults" that were around consistently that I am aware of were her father, and Board of Directors member Katie McMahon.

--- End quote ---

Point made, I'm convinced.
Thanks

Bud:
She is only missing the Frost & Sullivan award, everything else is looking good. ::)

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