Comments on: Entellium’s Rave May Be Fizzling http://www.destinationcrmblog.com/2008/10/04/entelliums-rave-may-be-fizzling/ A blog from the editors of CRM magazine Sun, 28 Feb 2010 12:48:10 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Greenberg http://www.destinationcrmblog.com/2008/10/04/entelliums-rave-may-be-fizzling/comment-page-1/#comment-46 Greenberg Tue, 07 Oct 2008 19:42:13 +0000 http://www.destinationcrmblog.com/?p=408#comment-46 There is more to this story than the eye can see. What I believe happened is that Entellium investores got ropped. Paul Johnston lied to them about sales; he actually increased the sales on the books by over 300% just to get more funding, and then rop the business. He is no longer the ceo as we all know, but he is not even in the country with all the money stolen. Did you know that Intel owns 20% of Entellium's stock? This is one good company gone bad. Also the news that avidian is buying them out is totally false, as a matter of fact they issued a statement about it before they even contact entellium or its investors! Other real news is other real crm vendors have offered to buy some of entelliums assets such as it's customer base, companies like Salesboom.com. There is more to this story than the eye can see. What I believe happened is that Entellium investores got ropped. Paul Johnston lied to them about sales; he actually increased the sales on the books by over 300% just to get more funding, and then rop the business. He is no longer the ceo as we all know, but he is not even in the country with all the money stolen.

Did you know that Intel owns 20% of Entellium’s stock?
This is one good company gone bad. Also the news that avidian is buying them out is totally false, as a matter of fact they issued a statement about it before they even contact entellium or its investors!

Other real news is other real crm vendors have offered to buy some of entelliums assets such as it’s customer base, companies like Salesboom.com.

]]> By: Bob http://www.destinationcrmblog.com/2008/10/04/entelliums-rave-may-be-fizzling/comment-page-1/#comment-45 Bob Tue, 07 Oct 2008 17:06:35 +0000 http://www.destinationcrmblog.com/?p=408#comment-45 Great job Josh -- you're like McGiver with internet access.... Great job Josh — you’re like McGiver with internet access….

]]> By: john cook http://www.destinationcrmblog.com/2008/10/04/entelliums-rave-may-be-fizzling/comment-page-1/#comment-42 john cook Mon, 06 Oct 2008 00:08:35 +0000 http://www.destinationcrmblog.com/?p=408#comment-42 Joshua, Some more reporting on the situation at Entellium -- including a rival that is interested in the assets -- here: http://www.wherearejohnandtodd.com/?p=407 I will continue to track the story, which is an interesting one. John Cook Joshua,

Some more reporting on the situation at Entellium — including a rival that is interested in the assets — here:

http://www.wherearejohnandtodd.com/?p=407

I will continue to track the story, which is an interesting one.

John Cook

]]> By: John Cook http://www.destinationcrmblog.com/2008/10/04/entelliums-rave-may-be-fizzling/comment-page-1/#comment-41 John Cook Sun, 05 Oct 2008 04:56:41 +0000 http://www.destinationcrmblog.com/?p=408#comment-41 I am a journalist who covers technology startups in the Seattle area and I reported on some of the problems at the company after talking to an executive at their headquarters Friday. http://www.wherearejohnandtodd.com/?p=377 Anyway, I will continue to report on the Entellium situation on the blog above as things develop. A board meeting is scheduled for Monday and my sources are saying the company is very much on the ropes with nearly all of the staff let go. Let me know if you hear anything more. John Cook I am a journalist who covers technology startups in the Seattle area and I reported on some of the problems at the company after talking to an executive at their headquarters Friday.

http://www.wherearejohnandtodd.com/?p=377

Anyway, I will continue to report on the Entellium situation on the blog above as things develop.

A board meeting is scheduled for Monday and my sources are saying the company is very much on the ropes with nearly all of the staff let go.

Let me know if you hear anything more.

John Cook

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