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	<title>Comments on: [update] Capazoo&#8217;s misguided efforts</title>
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	<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/</link>
	<description>Technology and Innovation news in Montreal</description>
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		<title>By: Income Access Affiliate Marketing Blog &#187; Blog Archive &#187; New Social Network for Online Casino/Poker Players</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-24884</link>
		<dc:creator>Income Access Affiliate Marketing Blog &#187; Blog Archive &#187; New Social Network for Online Casino/Poker Players</dc:creator>
		<pubDate>Wed, 28 May 2008 14:58:14 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-24884</guid>
		<description>[...] was recently branded as the blacksheep of social networking when Capazoo.com ran amok with about $25M in VC [Disclaimer: I worked there, and was there when the poop hit the fan.] The whole shenanigan may [...]</description>
		<content:encoded><![CDATA[<p>[...] was recently branded as the blacksheep of social networking when Capazoo.com ran amok with about $25M in VC [Disclaimer: I worked there, and was there when the poop hit the fan.] The whole shenanigan may [...]</p>
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		<title>By: Blah Blah Blacksheep at Gypsy Bandito</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-23315</link>
		<dc:creator>Blah Blah Blacksheep at Gypsy Bandito</dc:creator>
		<pubDate>Sat, 17 May 2008 18:02:34 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-23315</guid>
		<description>[...] community. It&#8217;s probably because I&#8217;ve done things like trash-talked peers, worked for Montreal&#8217;s most unpopular start-up, and post videos of my drunken and disorderly [...]</description>
		<content:encoded><![CDATA[<p>[...] community. It&#8217;s probably because I&#8217;ve done things like trash-talked peers, worked for Montreal&#8217;s most unpopular start-up, and post videos of my drunken and disorderly [...]</p>
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		<title>By: Montreal Gazette</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-19539</link>
		<dc:creator>Montreal Gazette</dc:creator>
		<pubDate>Tue, 18 Mar 2008 22:36:05 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-19539</guid>
		<description>[...] has been heavily criticized ever since it launched. You can read about its turbulent history here, here, and here.I&#039;m hesitant to declare the site officially dead, since there&#039;s a change money may start [...]</description>
		<content:encoded><![CDATA[<p>[...] has been heavily criticized ever since it launched. You can read about its turbulent history here, here, and here.I&#8217;m hesitant to declare the site officially dead, since there&#8217;s a change money may start [...]</p>
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		<title>By: As The Web Turns - The death of Capazoo &#124; StartupNorth</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-16133</link>
		<dc:creator>As The Web Turns - The death of Capazoo &#124; StartupNorth</dc:creator>
		<pubDate>Tue, 12 Feb 2008 20:10:30 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-16133</guid>
		<description>[...] has been covering this at Montreal Tech Watch and his last post on the subject stirred up quite a cat fight in the comments. You just can&#8217;t make this stuff up [...]</description>
		<content:encoded><![CDATA[<p>[...] has been covering this at Montreal Tech Watch and his last post on the subject stirred up quite a cat fight in the comments. You just can&#8217;t make this stuff up [...]</p>
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		<title>By: L&#8217;heure finale de capazoo &#124; Montreal Tech Watch</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-15932</link>
		<dc:creator>L&#8217;heure finale de capazoo &#124; Montreal Tech Watch</dc:creator>
		<pubDate>Mon, 11 Feb 2008 18:11:46 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-15932</guid>
		<description>[...] considère que ceci clôt l&#8217;affaire capazoo. On en a parlé longuement ici il y a quelques mois de cela, on sait qu&#8217;ils ont un modèle d&#8217;affaires bancal (ils ont été nommés dans les [...]</description>
		<content:encoded><![CDATA[<p>[...] considère que ceci clôt l&#8217;affaire capazoo. On en a parlé longuement ici il y a quelques mois de cela, on sait qu&#8217;ils ont un modèle d&#8217;affaires bancal (ils ont été nommés dans les [...]</p>
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		<title>By: Here&#8217;s an ending to Drama2.0 &#124; Montreal Tech Watch</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12245</link>
		<dc:creator>Here&#8217;s an ending to Drama2.0 &#124; Montreal Tech Watch</dc:creator>
		<pubDate>Sun, 13 Jan 2008 22:06:39 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12245</guid>
		<description>[...] just disabled comments for the post about Capazoo&#8217;s “problems”, and the one about Bell Canada&#8217;s unlimited plan for the HTC [...]</description>
		<content:encoded><![CDATA[<p>[...] just disabled comments for the post about Capazoo&#8217;s “problems”, and the one about Bell Canada&#8217;s unlimited plan for the HTC [...]</p>
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		<title>By: intouch</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12214</link>
		<dc:creator>intouch</dc:creator>
		<pubDate>Sun, 13 Jan 2008 15:18:27 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12214</guid>
		<description>How to make money 100% guaranteed?

Here is the web 2.0 magic Formula:

First of all, you have to live the JET SET LIFE. Façade seems to comfort people about your potential and future successes. Verville brothers know how to spent money!!!! Believe me (Party animal, real jetset life style, flying all the time, coke, cars....).

Second: To make money you need money! Verville brothers have money. They actually made a lot of cash as plane brokers.

Classic line to hook stupid rich people: &quot;Hey dude you want some more champagne and coke...come on body it&#039;s on me! Hey, let me introduce you &#039;my man Dennis Rodman’, he’s such a funny guy! Oh by the way, I&#039;ve invested 1m$ of my own money in a CO, it&#039;s going to be THE next big thing. You know why I can spend money like this??? I&#039;ve the magic touch...Come on dude, join us it&#039;s just 2M$ entry ticket to be the next Google&quot;.

You just have to do that 5 to 10 times and that&#039;s it.

Three: How to make sure you won&#039;t get suit by your investors? 

First thing to do: when the CO is well set, FEED THE PAYROLL with the investors money and make sure you have the biggest salary ever and you get paid more than your personal investment. Hey hey hey!!!  To maintain the show and give the CO enough credibility you need a team. So make sure they get paid enough to lie the right way.

Four: during the all process, make sure you have the shares control at any time....a must if you want to make the real money at the end...Keep this in mind.

Five: Burn most of the investor&#039;s money in the payroll, hire developpers, software architects...tech guys as much as you can.

Six: accounting wise and tax wise play by the book! Bankruptcy is not an option.Don’t be stupid as a Canadian citizen you&#039;re supposed to know the law. 

Seven: Try to generate some revenue with your product...most of the time nothing will happen.

Height: communicate the right way with your investors (Hire Matthews is such a good communication directors)...tell them it was an accident, the market changed, the technology is not efficient enough, tell them you&#039;re so close to success...conclusion: force them to re invest some other M$!!!!!

Nine: When the show is almost over, stay low profile, apologize and then propose an offer to your investors to buy them back. 1$ for exemple. Most will agree this.WHY????

- Most of them are rich...so they can afford to lose 1m$.
- They are exhausted…they just want to run away 
- It’s a shame!!!!!!! How can it be? I’m rich, I’m beautiful, I’m a part of the jetset! They will agree just to make sure people will forget they were a part of that mess. That’s a way for them to get back their reputation. I’m no more involved!

Ten: Here we go! Now you’re rich. How is it possible????

You’re now the one and only owner of a CO full of assets. What kind of assets???
-	Tax loss (15M$ investment….believe me you won’t pay any tax before a decade!)
-	Most of the money spent was the payroll. Do you remember? Now you’re claiming your R&amp;D subsidies &amp; grants….If you’re by the book, you will get it. It’s just a question of time.
-	You own rights, intellectual properties, contact list,…
-	Within 18 months you should get you grants and subsidies from the government. With 10 million spent in the payroll you should get around 3-4 million. BINGO!!!!

That’s the phase 1. 

Phase 2:
-	Cash out the fresh money in the Co. If you’re smart enough you’ve CO’s around the world to send invoices…
-	When it’s done: SELL! Remember you’re a very good sales man. So use your natural skills.
-	Your members list (even if you’re not suppose to): probably 0,5M$
-	Your technology….You’ve spent so much in it!!!!
-	Furniture…Pocket change but it helps to pay restaurant bills
-	Last but not least you’re selling the shell for Tax loss purposes (15M$ investment) there’s plenty of Corporations outside looking for such opportunities, you could have easily 2M$ for that.

That’s it! It’s all clean now and you’re rich! Take your time to spend the money you’ve made (no problem you’re a jetsetter!), minimum 2-3 years. Time goes by and people will forget who you’re &amp; what you’ve done. Then DO IT AGAIN!!!!!!!!!!!!! (do you remember the FOREX Platform???)

Imagine: Salary (3 years 150K$ per year= 450k$), tax loss benefits, subsidies &amp; grants (at least 3-4M$), cash from the different transactions (2-3M$). 

THIS IS WHAT I CALL A GOOD DEAL!!!!!!!!!!!!!!!!!!!

PLEASE GUYS DON’T DO THAT. NEVER! AS A HUMAN BEEING YOU’RE NOT SUPPOSE TO SCREW PEOPLE ALL THE TIME. IT’S REALLY BAD FOR THE KARMA! WE’RE ONLY LIVE ONCE, SO STUPID TO WASTE LIFE TIME LIVING SO MISERABLY.

IT&#039;S A SHAME BUT I KNOW AT LEAST 10 EXEMPLE LIKE THIS IN MONTREAL...</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; margin-left:7px; display:block; width:48px' ><img alt='' src='http://0.gravatar.com/avatar/8606084c5fdbf503c15bac998b2dc08f?s=48&amp;d=http%3A%2F%2Fmontrealtechwatch.com%2Fimages%2Fsmall_gravatar.jpg%3Fs%3D48&amp;r=G' class='avatar avatar-48 photo' height='48' width='48' /></span>How to make money 100% guaranteed?</p>
<p>Here is the web 2.0 magic Formula:</p>
<p>First of all, you have to live the JET SET LIFE. Façade seems to comfort people about your potential and future successes. Verville brothers know how to spent money!!!! Believe me (Party animal, real jetset life style, flying all the time, coke, cars&#8230;.).</p>
<p>Second: To make money you need money! Verville brothers have money. They actually made a lot of cash as plane brokers.</p>
<p>Classic line to hook stupid rich people: &#8220;Hey dude you want some more champagne and coke&#8230;come on body it&#8217;s on me! Hey, let me introduce you &#8216;my man Dennis Rodman’, he’s such a funny guy! Oh by the way, I&#8217;ve invested 1m$ of my own money in a CO, it&#8217;s going to be THE next big thing. You know why I can spend money like this??? I&#8217;ve the magic touch&#8230;Come on dude, join us it&#8217;s just 2M$ entry ticket to be the next Google&#8221;.</p>
<p>You just have to do that 5 to 10 times and that&#8217;s it.</p>
<p>Three: How to make sure you won&#8217;t get suit by your investors? </p>
<p>First thing to do: when the CO is well set, FEED THE PAYROLL with the investors money and make sure you have the biggest salary ever and you get paid more than your personal investment. Hey hey hey!!!  To maintain the show and give the CO enough credibility you need a team. So make sure they get paid enough to lie the right way.</p>
<p>Four: during the all process, make sure you have the shares control at any time&#8230;.a must if you want to make the real money at the end&#8230;Keep this in mind.</p>
<p>Five: Burn most of the investor&#8217;s money in the payroll, hire developpers, software architects&#8230;tech guys as much as you can.</p>
<p>Six: accounting wise and tax wise play by the book! Bankruptcy is not an option.Don’t be stupid as a Canadian citizen you&#8217;re supposed to know the law. </p>
<p>Seven: Try to generate some revenue with your product&#8230;most of the time nothing will happen.</p>
<p>Height: communicate the right way with your investors (Hire Matthews is such a good communication directors)&#8230;tell them it was an accident, the market changed, the technology is not efficient enough, tell them you&#8217;re so close to success&#8230;conclusion: force them to re invest some other M$!!!!!</p>
<p>Nine: When the show is almost over, stay low profile, apologize and then propose an offer to your investors to buy them back. 1$ for exemple. Most will agree this.WHY????</p>
<p>- Most of them are rich&#8230;so they can afford to lose 1m$.<br />
- They are exhausted…they just want to run away<br />
- It’s a shame!!!!!!! How can it be? I’m rich, I’m beautiful, I’m a part of the jetset! They will agree just to make sure people will forget they were a part of that mess. That’s a way for them to get back their reputation. I’m no more involved!</p>
<p>Ten: Here we go! Now you’re rich. How is it possible????</p>
<p>You’re now the one and only owner of a CO full of assets. What kind of assets???<br />
-	Tax loss (15M$ investment….believe me you won’t pay any tax before a decade!)<br />
-	Most of the money spent was the payroll. Do you remember? Now you’re claiming your R&amp;D subsidies &amp; grants….If you’re by the book, you will get it. It’s just a question of time.<br />
-	You own rights, intellectual properties, contact list,…<br />
-	Within 18 months you should get you grants and subsidies from the government. With 10 million spent in the payroll you should get around 3-4 million. BINGO!!!!</p>
<p>That’s the phase 1. </p>
<p>Phase 2:<br />
-	Cash out the fresh money in the Co. If you’re smart enough you’ve CO’s around the world to send invoices…<br />
-	When it’s done: SELL! Remember you’re a very good sales man. So use your natural skills.<br />
-	Your members list (even if you’re not suppose to): probably 0,5M$<br />
-	Your technology….You’ve spent so much in it!!!!<br />
-	Furniture…Pocket change but it helps to pay restaurant bills<br />
-	Last but not least you’re selling the shell for Tax loss purposes (15M$ investment) there’s plenty of Corporations outside looking for such opportunities, you could have easily 2M$ for that.</p>
<p>That’s it! It’s all clean now and you’re rich! Take your time to spend the money you’ve made (no problem you’re a jetsetter!), minimum 2-3 years. Time goes by and people will forget who you’re &amp; what you’ve done. Then DO IT AGAIN!!!!!!!!!!!!! (do you remember the FOREX Platform???)</p>
<p>Imagine: Salary (3 years 150K$ per year= 450k$), tax loss benefits, subsidies &amp; grants (at least 3-4M$), cash from the different transactions (2-3M$). </p>
<p>THIS IS WHAT I CALL A GOOD DEAL!!!!!!!!!!!!!!!!!!!</p>
<p>PLEASE GUYS DON’T DO THAT. NEVER! AS A HUMAN BEEING YOU’RE NOT SUPPOSE TO SCREW PEOPLE ALL THE TIME. IT’S REALLY BAD FOR THE KARMA! WE’RE ONLY LIVE ONCE, SO STUPID TO WASTE LIFE TIME LIVING SO MISERABLY.</p>
<p>IT&#8217;S A SHAME BUT I KNOW AT LEAST 10 EXEMPLE LIKE THIS IN MONTREAL&#8230;</p>
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		<title>By: matthew</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12162</link>
		<dc:creator>matthew</dc:creator>
		<pubDate>Sun, 13 Jan 2008 03:59:29 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12162</guid>
		<description>There was no reduction of 90%, otherwise that would mean we would have 10-12 employees left, so that&#039;s is completely wrong. So is the total number of site users quoted. So is the notion that we have not engaged new partners and sites in recent weeks into the fold. Luc sells the concept of Capazoo well, and so does our esteemed President Grant Carter, and our Chief Strategic Officer Marty Marion. Michel Verville is not involved in the day-to-day decision-making of the site. 

These are the factual comments I can speak to. The reduction one department was made for strategic purposes and it was not done right before Christmas as has been mentioned, that is why I did not speak to it earlier, because I had to understand what the poster was alluding to. 

Still, no negative mentions of the site, or by our current partners, and that speaks volumes to our product and potential.</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; margin-left:7px; display:block; width:48px' ><a rel='external nofollow' href='http://capazoo.com'><img alt='' src='http://0.gravatar.com/avatar/a02ef9dd5b3a179e6b28035c6a29e739?s=48&amp;d=http%3A%2F%2Fmontrealtechwatch.com%2Fimages%2Fsmall_gravatar.jpg%3Fs%3D48&amp;r=G' class='avatar avatar-48 photo' height='48' width='48' /></a></span>There was no reduction of 90%, otherwise that would mean we would have 10-12 employees left, so that&#8217;s is completely wrong. So is the total number of site users quoted. So is the notion that we have not engaged new partners and sites in recent weeks into the fold. Luc sells the concept of Capazoo well, and so does our esteemed President Grant Carter, and our Chief Strategic Officer Marty Marion. Michel Verville is not involved in the day-to-day decision-making of the site. </p>
<p>These are the factual comments I can speak to. The reduction one department was made for strategic purposes and it was not done right before Christmas as has been mentioned, that is why I did not speak to it earlier, because I had to understand what the poster was alluding to. </p>
<p>Still, no negative mentions of the site, or by our current partners, and that speaks volumes to our product and potential.</p>
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		<title>By: Alex</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12161</link>
		<dc:creator>Alex</dc:creator>
		<pubDate>Sun, 13 Jan 2008 03:51:31 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12161</guid>
		<description>Count your self very lucky that a single dollar from my pocket didn&#039;t hit your hand. I would have you strung up like a pinata. Everyone knows you a crook... Conrad black had style thats why he is only going to jail.

Karma</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; margin-left:7px; display:block; width:48px' ><img alt='' src='http://0.gravatar.com/avatar/0626e4bad733bb2698468ea0714eb9e2?s=48&amp;d=http%3A%2F%2Fmontrealtechwatch.com%2Fimages%2Fsmall_gravatar.jpg%3Fs%3D48&amp;r=G' class='avatar avatar-48 photo' height='48' width='48' /></span>Count your self very lucky that a single dollar from my pocket didn&#8217;t hit your hand. I would have you strung up like a pinata. Everyone knows you a crook&#8230; Conrad black had style thats why he is only going to jail.</p>
<p>Karma</p>
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		<title>By: Alex</title>
		<link>http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12160</link>
		<dc:creator>Alex</dc:creator>
		<pubDate>Sun, 13 Jan 2008 03:47:34 +0000</pubDate>
		<guid isPermaLink="false">http://montrealtechwatch.com/2007/11/23/update-capazoos-misguided-efforts/#comment-12160</guid>
		<description>Intouch good reporting, 

Matthew, excellent rebuttals!

K, here is whats going on.

Capazoo fired most of their staff before Christmas (accurate). 

What you didn&#039;t know is that one of the employees that he fired was a darling french canadian woman that was his mother!!!

They rent 3 offices, with sf in the 6000 range. (value space, nothing ridiculous) 

Luc Verville is an amazing salesman  !

Capazoo is going to close, 110% maximum 5 months.

The way the deal was structured makes it possible for money to dissapear. Seasoned scumbag Luc Verville knows how to steal.

I think he will proboably have some problems with &quot;collections&quot;. Some people don&#039;t let good money get stolen. Some collection specialists don&#039;t care about how you structure your BS. Stealing is stealing. Refund.

Michelle Verville a party king and coke head knocked up a waitress that is 19 years old and will have the baby... 
____

What happened is they had big dreams and when they saw the reality of this long shot... they figured their time was worth millions (when it clearly isn&#039;t) 7000 members?!?!.

When an thief and a coke head open a company 100% of the time there will be lies and stealing :)

5 million for hosting!!!

You would think that there would be a board of directors that would not allow such retarded spending.... lol

Take the check book from this animal!!!</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; margin-left:7px; display:block; width:48px' ><img alt='' src='http://0.gravatar.com/avatar/0626e4bad733bb2698468ea0714eb9e2?s=48&amp;d=http%3A%2F%2Fmontrealtechwatch.com%2Fimages%2Fsmall_gravatar.jpg%3Fs%3D48&amp;r=G' class='avatar avatar-48 photo' height='48' width='48' /></span>Intouch good reporting, </p>
<p>Matthew, excellent rebuttals!</p>
<p>K, here is whats going on.</p>
<p>Capazoo fired most of their staff before Christmas (accurate). </p>
<p>What you didn&#8217;t know is that one of the employees that he fired was a darling french canadian woman that was his mother!!!</p>
<p>They rent 3 offices, with sf in the 6000 range. (value space, nothing ridiculous) </p>
<p>Luc Verville is an amazing salesman  !</p>
<p>Capazoo is going to close, 110% maximum 5 months.</p>
<p>The way the deal was structured makes it possible for money to dissapear. Seasoned scumbag Luc Verville knows how to steal.</p>
<p>I think he will proboably have some problems with &#8220;collections&#8221;. Some people don&#8217;t let good money get stolen. Some collection specialists don&#8217;t care about how you structure your BS. Stealing is stealing. Refund.</p>
<p>Michelle Verville a party king and coke head knocked up a waitress that is 19 years old and will have the baby&#8230;<br />
____</p>
<p>What happened is they had big dreams and when they saw the reality of this long shot&#8230; they figured their time was worth millions (when it clearly isn&#8217;t) 7000 members?!?!.</p>
<p>When an thief and a coke head open a company 100% of the time there will be lies and stealing :)</p>
<p>5 million for hosting!!!</p>
<p>You would think that there would be a board of directors that would not allow such retarded spending&#8230;. lol</p>
<p>Take the check book from this animal!!!</p>
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