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nly

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  1. Symless financials for financial year 2017/18 (ending April 2018) have been published. https://beta.companieshouse.gov.uk/company/08066283/filing-history As predicted it reveals the truth: Total company worth estimated to be £1M. This includes all the money he owes the company himself though, so really it's worth shit. Nick borrowed £540,000 ($700,000 USD) from the company in new directors loans. Of course, he owns the company completely, so never has to pay this back. This is effectively him paying himself with every penny the company has. Now that he's re-registered in the Isle of Man he can just keep the old company in a zombie state (which is why it was recently categorised as a 'software consultancy'). As of April 2018 he owed 'Symless Ltd' £713,000 (almost $1M) total. Roughly speaking this is how much he's profited in the last 2 years. As of April 2018 he owed HMRC (the UK tax man) £300,000 ($390,000 USD). That tax bill is due roughly now (January 2019). This is almost certainly the result of him having to pay corporation tax on his outstanding directors loans (after some time, the government makes you pay tax on directors loans to prevent you abusing them for dodging tax). Neither me nor Jerry, the two primary developers of Synergy 2, were on more than £40,000....so while he's boasting on Twitter this month about potentially hiring 6 new devs remember that he had the money in the bank to potentially hire TEN developers for a year well over a year ago. Instead, at some point in 2018 he chose to give customers, who had bought Synergy 2 in good faith, the middle finger. This man does not care about the product, he only cares about his image and lining his pockets and I feel pity for the poor saps who accept job offers from his this time around. Nick Bolton laid off his entire staff, all doing different jobs. This wasn't him just laying off a failed team. He put the company to sleep for 8 months so he could stealthily replenish the company cash pile, which he had irresponsibly depleted against advice from his own management team. He planned to do this as early as December 2017.... that's 1 MONTH after the official Synergy 2 launch. Since then, not a single release of Synergy v1 or v2 has been made. He's done jack for 8 months. Nothing. He has made no significant commits to GitHub, not in public or private repos. His GitHub profile heatmap shows his private repo activity also - see below). He just needed 8 months to rob suckers, tell them he is going to continue developing S2, so he can raise £300K to pay his tax bill. Again, this man is a sociopath and does not care about his products, his staff or his users... when the Electron fueled Synergy 3 money grab comes along, don't give him a fucking penny. Below: Nick bragging on Twitter and his amazing GitHub commit history.
  2. Nick: I asked you, as the Synergy 2 product owner, to take ownership of the product decisions you made. Mistakes you called out in your own post. Deleting your posts is your response. And of course, after not being able to face public criticism, you go back to your Slack channel and resort to ad hominem. If I wanted to be "poisonous" I would have told far worse stories. For instance, how you wrote fake reviews on Glassdoor from ex-employees. Still, that isn't relevant to LTT readers is it? So let's stick to technical matters and the story of S2. Mark my words folks, you'll be able to "interpret" next years financials, in the context of S2 sales here on LTT, and whatever comes out as "the next major version of Synergy" for yourself. Again I say, anyone who bought S2 should ask for their money back. Giving refunds is about the only consistently good thing Nick has ever done for his customers.
  3. Screenshot of Nick Boltons original comments. Isn't it grand when you're dealing with a CEO who won't face public criticism for his actions?
  4. You haven't upset me at all. What upsets me is seeing you continue to rip people off and, indirectly, having helped you take peoples money. Your 'Synergy Story' is a travesty. To other readers of the forum, and in the interest of full disclosure: I worked for Nick for two years, until May this year. My reasons for leaving were essentially not wanting to work as the sole remaining engineer in the company, under the shit-show that is Nicks leadership. Just before my departure, Jerry, my team mate, and dear friend, who had been at the company for five years, left for personal reasons. Our web developer left as I did, and for reasons similar to my own. We were both just exhausted and fed up with not being able to do meaningful work to the best of our ability or with any sense of autonomy. Nick made the rest of the team, 5 people, redundant more or less straight away. Everyone. Including our office manager and book keeper, who had absolutely no hands in product. None of your customers want to hear your sob story about building and investing in your company, and it's *extremely* rich for you to do so having burnt down a perfectly viable one, full of intelligent and passionate people, which had a product (Synergy 2) which by now, had you had the guts to see it through, would have been entering a stable phase. Do I want to do be a founder? No. Am I cut out to be a founder? No. What I *do know* is that almost every founder you'll ever read about makes huge sacrifices to get their company going. Most though, have the good sense not to try and *cash out* in the middle of a product launch when revenue is flat-lining and, literally, the entire company thinks you're wrong about product decisions, let alone business decisions. But you just wouldn't listen. I'd go so far as to say that *everyone* in the company circa April 2018 cared FAR more about our customers, in their own way, than you did. Steve (our dev manager) cared about the quality and delivery of our software. Sarah (support) cared about helping our customers (at least, in the beginning, before the hopelessness of the company not actually being able to deliver, ground her down), and Nick (not the above Nick, our marketing manager was also called Nick) cared about being transparent and honest with our customers in our marketing material. I, myself, cared wholeheartedly about Synergy 2's design and the privacy and security of our users (The issues for which, Nick, you probably can't even enumerate, but were picked up by analysts in the wild as early as January 2018.) I could write pages and pages and pages about how, when we raised concerns that had a direct effect on our customers, the entire team was regularly shot down by Nick Bolton. How shortcuts were made to meet an arbitrary deadline (arbitrary because we had a stable product in v1 which could sustain the company), and how he guided development of v2 down its rocky path. Nicks idea of 'caring about the customer' is delivering 'vision', rather than value, to customers. Value means quality representative of the price you're paying. It means well-tested, well designed software delivered as alpha at best, until it's feature complete, and beta until it's ready. It means a product road map that's not essentially static for 4 years. "Rushing it out the door, but also with the dependence on an Internet connection, and the lack of settings." ... these were all Nick Bolton directives. You told me expressly that the product ***must not work*** without our cloud service. You insisted on removing the settings screen, and me and Jerry both knew the planned November 2017 release date was a pipe dream six months out, when you started cancelling infrastructure work in favor of UX bullshit like single sign-on and dicking around with our logo in the UI. Things that can easily be rolled out in point releases. As the product owner you need to own these decisions. Perhaps it's time to accept that, while you might still be founder and CEO material, you're a shitty product owner. Oh, and it's nice that you're hiring a 'UX designer' when you walked out of a meeting with, and ignored all the input from, the last UI workflow design consultant you brought in. That decision left me and Jerry (the entirety of the S2 development team) wasting time thinking about different UX design considerations right up until release day... literally 6-9 months after these matters should have been settled so we could focus our energies on under-the-hood. My assessment, having worked for Nick for 2 years as an engineer, is that he has an exceptionally poor grasp of Synergy as a software design project. I have no belief that he will deliver Synergy 3 and, if and when he does, I do not believe he will have gathered enough technical chops to actually deliver anything but another thin veneer over the bit-rotted Synergy 1.x core: something which he has been milking for profit for years now, without contributing much of significance to, from where the FOSS community left it circa 2007/8 (Except for merging QSynergy, the Synergy+ fork and Synergy itself, a handful of bug fixes, and slapping on SSL) To prospective employees: I can *not* recommend Nick as an employer. I don't think any of the 7 of us who worked there at the beginning of this year would. To v1 users I say this: Go support 'Barrier', a completely FOSS continuation of Synergy v1. For v2 users: Ask Nick for your money back, and go pay for one of the readily available alternatives like Sharemouse, which do actually deliver steady improvements to their product. https://github.com/debauchee/barrier
  5. Oh, and he's re-registered the company on the Isle of Man now? https://services.gov.im/ded/services/companiesregistry/viewcompany.iom?Id=472319 Tax dodge. There's won't be a version 3 folks. Go ask for your money back.
  6. It's a bit rich for Nick to complain about lost revenue. Looking at his public finances for financial year ending April 2017, it looks like he had a great time: Profit for the year: £225K New directors loans advanced (to Nick, presumably, as the sole director) of ~£148K £109K in dividends paid (to Nick, again, presumably as the sole shareholder) https://beta.companieshouse.gov.uk/company/08066283/filing-history This was before LTT juiced the v2 money-grab (the betas etc all came after April, and the launch of 2.0.0 wasn't until November last year), the bizarre timing of all the staff being laid off earlier this year and v2 development stopping (no release since June? C'mon your product wasn't ready, but it was getting better with point releases...) Who wants to wager this years tax filing will show this guy to be even more of a con-artist? LTT was right to dump his ass.
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