Friday, July 17, 2009

Well Howdy Doody - Did Graham Pawn Entrecard.. ?

Entrecard is now under the control of a company called Zip Runner inc. we toodled around on the net until we were finaly able to locate some info on this company no body knows anything about - Zip Runner inc; from of all places "The Turnip Of Power"..
"So either Graham sold EC to the original investor, or he simply lost control of the company because he couldn’t sell EC for enough to repay the 112k.." T.O.P.  07/16/09
Yupper -- Check it out

Ding Dong The Witch Is Dead

Posted on July 16th, 2009 by Turnip in Social Networking

two asshats

It was with mixed emotions that I woke up today to learn that Entrecard was sold. Sometimes a leader is SO bad you begin to enjoy their nonsense. Graham Langdon was Kim Jung Il with an asshat, running his online version of North Korea into the ground. The following is the main announcement from the Entrecard blog.
“It is with great excitement that I announce Entrecard.com, Inc. has

been Acquired by ZipRunner Inc.

ZipRunner has the resources, vision, and dedication to Entrecard that

will allow it to grow in pursuit of the vision I laid out nearly two

years ago.

Moving forward, my relationship to Entrecard will be that of an

advisor, and I will help the good folks at ZipRunner take the whole

project to the next level.”
Great, so the grand leader is “staying on as an advisor”. If I could have given Ziprunner one bit of advice, it would have been to lose the cancer known as Graham. Other than alienating people left and right, what expertise does Graham possibly bring to the table? “Dude, if you ever find yourself late at night in a drunken threesome with enraged sealions, take my advice, drop the acai bowl, but hold onto the cell phone! Believe me, I’ve been there”. If you want , NAY, crave additional Graham mockery, then head on over to yet another soon to fail blog started by Graham: http://ontrapranore.com/.

Now, what does this mean for the bloggers who still use Entrecard? Well, Ziprunner certainly didn’t buy it to cavort around techcrunch parties as “Mr. Web Asshat 2.0″ bogarting every joint he can get his hands on. They bought it to turn a profit. Bottom line is they bought a list of bloggers. Names, emails, home addresses, social security numbers, and all.

Who is Ziprunner?
Corporation
ZIPRUNNER, INC.
Number: C2322843 Date Filed: 12/12/2000 Status: active
Jurisdiction: California
Address
2168 S ATLANTIC BLVD #232
MONTEREY PARK, CA 91754
Agent for Service of Process
ANDREW H TE
2168 S ATLANTIC BLVD #232
MONTEREY PARK, CA 91754
2168 S ATLANTIC BLVD #232 Belongs to Powweb. Hmm, now the great turnip wheels begin to spin. Remember Entrecard’s original investor, Andrew Te? Entrecard has already received a $112,000 investment from them.

So either Graham sold EC to the original investor, or he simply lost control of the company because he couldn’t sell EC for enough to repay the 112k.

I guess the way Graham said it sounds so much better than “I f cked up and the investor took Entrecard because I didn’t meet my obligations”. Some sort of deal probably was struck as part of the original venture capital agreement, hence the “staying on as advisor” nonsense. Buy-out or not.

2 comments:

EddieGarcia said...

I really don't know what to say at the moment. I suppose I will have to wait and see what happens. This could be the end of my relations with EC, but hopefully not. Thanks for the post and your honest opinion on the matter.

Friends 4 Life!

Shelly said...

I got the e-mail yesterday and knew that today would bring several posts on the subject. Very interesting thought that it may have been "lost". I don't really get into the whole "business" end but it is interesting nonetheless. I'm very interested to see what EC becomes from here.