Thank you for getting rid of that guys posts.
Post# of 22940
His sole purpose is to get people focused on the companies missteps in the past (all companies have them, part of the learning curve) and spinning in as negative light as possible.
The past is pretty much irreverent except as lessons learned on how to perform better in the future.
He intentionally puts absolutely no focus on what the company is doing to improve the situation and generate revenue ...
Basher 101
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a Basher. The truth on startup companies is that they make mistakes. What new company hasn't? The Basher will compare your issue to a another companies, financials - deals - management, etc., trying to lure you into making an Apples to Oranges comparison. Remember each company is unique and while it is prudent to seek out established indicators, do so with care and don't take someone else's word for it. Strive to come up with at least a "six-pack" of indicators so your vision of the state of a company is not tied to a single barometer. Not doing so is tantamount to going to a Race Track and betting on the "Pretty Brown Horsey". BASHERS WANT TO WHISPER IN YOUR EAR - PLANT A SEED OF DOUBT, AND HOPE THAT YOU ARE NOT SAVVY ENOUGH TO RESEARCH THE TRUTH ON YOUR OWN. This is how they achieve their greatest success.