Results tagged “jones”

CRM software supplier Entellium claims to "empower small and medium sized businesses," but it looks like the Seattle company's CEO and CFO empowered themselves to pretend their small business was a few sizes bigger, to win $50 million from venture capitalists. "We are the old-fashioned type of entrepreneurs where you have to get revenue in order to spend," CEO Johnston told John Cook in 2004. When the revenue didn't come in fast enough, Johnston and his CFO created a second set of books that inflated Entellium's profits. Cook has Johnston's resignation letter on his new blog, which is currently a clearinghouse for details on the Entellium fraud.

Seattlest has long been an on-again-off-again vegetarian. Our last fall from herbivorous grace came in our New York City-living days, when our girlfriend at the time's dad cooked us up a burger and some hotdogs. We didn't have the heart to say no, and they just smelled so good. Thank God, because we wound up moving to New Orleans, where life is meaningless without a good roast beef po-boy and all the juice it produces in a steady stream up (down?) your arm.