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Mark Smith funded and funds Hashrocket. Hashrocket isn't profitable without Mark Smith. If Obie had no knowledge of this scam then I feel sorry for him and this

by washed 16y ago

Mark Smith funded and funds Hashrocket. Hashrocket isn't profitable without Mark Smith. If Obie had no knowledge of this scam then I feel sorry for him and this situation. I guess "The Rails Maturity Model", the Hashrocket Way and BizConf includes taking scam money and pretending to be profitable.

jackowayed 16y ago
Hashrocket isn't profitable? Why not? Consulting is a pretty straight-forward business model, and they're pretty well known, so they shouldn't have much trouble charging enough to cover their costs.
- washed 16y ago
  Pay everyone way more than they're work then buy a beach front office. It's easy to spend money that you do not respect.
  - Poop 16y ago
    How much do rocketeers make?
rubyrescue 16y ago
that's totally inappropriate
- sleight42 16y ago
  I couldn't agree more.
- foca 16y ago
  indeed. My only regret is not being able to downvote him
tjogin 16y ago
How is it you know anything about Hashrocket's profitability?
duckpunch 16y ago
You're confusing Hashrocket, the web development company, with United Directories, the company being charged. The people being charged are essentially initial investors. Pointing a finger at Hashrocket in this scenario is not unlike blaming every startup that was invested in by an angel or VC that later ended up involved in fraudulent activity. None of this means that Hashrocket is not at all at fault, but based on the news that we all have, you're drawing unreasonable conclusions. If however you have other sources, please share them here, otherwise you're just trolling.
- ww520 16y ago
  Aren't those people charged executives of Hashrocket as well?
  - duckpunch 16y ago
    On second look I have to concede that I could be under-rating their authority. To be fair major investors will often sit on boards, but there's no need for me to make further conjecture. A fellow who comments here http://avramc.posterous.com/united-directories-federal-court-indictment-d http://avramc.posterous.com/united-directories-federal-court... makes a similar claim from a much more advantaged position of knowledge.
- xenopia 16y ago
  The two executives charged seem to be a bit more than passive investors, considering they are right on Hashrocket's site. One is the CFO. That's not good.
bphogan 16y ago
Why don't we all wait until after the holiday here, let the dust settle a bit, and see what happens before we start taking sides?
alnayyir 16y ago
> I feel sorry for him and this situation. I do too. >I guess "The Rails Maturity Model", the Hashrocket Way and BizConf includes taking scam money and pretending to be profitable. Snarky, unnecessary, and unfounded. This has nothing to do with Rails, and probably just as little with how Obie ran the company.

by washed 16y ago

jackowayed 16y ago

Hashrocket isn't profitable? Why not? Consulting is a pretty straight-forward business model, and they're pretty well known, so they shouldn't have much trouble charging enough to cover their costs.

washed 16y ago
Pay everyone way more than they're work then buy a beach front office. It's easy to spend money that you do not respect.
- Poop 16y ago
  How much do rocketeers make?

rubyrescue 16y ago

that's totally inappropriate

sleight42 16y ago
I couldn't agree more.
foca 16y ago
indeed. My only regret is not being able to downvote him

tjogin 16y ago

How is it you know anything about Hashrocket's profitability?

duckpunch 16y ago

You're confusing Hashrocket, the web development company, with United Directories, the company being charged. The people being charged are essentially initial investors. Pointing a finger at Hashrocket in this scenario is not unlike blaming every startup that was invested in by an angel or VC that later ended up involved in fraudulent activity. None of this means that Hashrocket is not at all at fault, but based on the news that we all have, you're drawing unreasonable conclusions. If however you have other sources, please share them here, otherwise you're just trolling.

ww520 16y ago
Aren't those people charged executives of Hashrocket as well?
- duckpunch 16y ago
  On second look I have to concede that I could be under-rating their authority. To be fair major investors will often sit on boards, but there's no need for me to make further conjecture. A fellow who comments here http://avramc.posterous.com/united-directories-federal-court-indictment-d http://avramc.posterous.com/united-directories-federal-court... makes a similar claim from a much more advantaged position of knowledge.
xenopia 16y ago
The two executives charged seem to be a bit more than passive investors, considering they are right on Hashrocket's site. One is the CFO. That's not good.

bphogan 16y ago

Why don't we all wait until after the holiday here, let the dust settle a bit, and see what happens before we start taking sides?

alnayyir 16y ago

> I feel sorry for him and this situation. I do too. >I guess "The Rails Maturity Model", the Hashrocket Way and BizConf includes taking scam money and pretending to be profitable. Snarky, unnecessary, and unfounded. This has nothing to do with Rails, and probably just as little with how Obie ran the company.