Grayboxx founder Bob Chandra not-so-anonymously flaming his investors

Jackson West — Mon, 21 Apr 2008 13:20:00 EDT

Shortly after posting an item suggesting that Sierra Ventures' Jeff Loomans is a lying, greedy venture capitalist (and receiving comments to the effect of "what do you expect from a creative capitalist?") we received a number of emails outing the founder of local search specialist Grayboxx, Bob Chandra, as the author of the missive. Granted, discretion isn't one of Chandra's strengths — he posted nearly the exact same message from his own account on LinkedIn. That said, a friend of Valleywag who's worked at several successful venture-backed startups nearly gave us a high-five for calling to light the errors of Loomans's ways. While Loomans rules from a well-funded throne, Chandra can at least count on the entrepreneur mob who seem to have his back in this now very public tiff.

Entrepreneur coaxed into fawning VC review strikes back

Jackson West — Fri, 18 Apr 2008 18:40:00 EDT

An anonymous commenter on VC scandal sheet TheFunded.com, with the appropriately frat-boyish screenname "jagrmeister721," has lashed out at Sierra Ventures VC Jeff Loomans. Loomans's portfolio includes Corrigo, Grayboxx, MIOX, Red5 Studios and Zoom Systems. The entrepreneur writes:

Dealing with Jeff Loomans, his dishonesty and malicious behavior for a year and a half has been a headache. In some ways, I am glad to part ways because I have never dealt with someone who seemed to relish petty power-plays and lying on a systematic basis as much as he obviously did.

Sierra had requested that he write a positive review, he says — a common enough practice for VC firms trying to buff their image on TheFunded.com. Be careful what you ask for.

Gawker: valleywag, sierra ventures

Grayboxx founder Bob Chandra not-so-anonymously flaming his investors

Entrepreneur coaxed into fawning VC review strikes back