Is Wold Town the latest scam from "The Startup Con Man"?
The San Francisco Chronicle did some digging and carefully laid out its case against Charles Surry, a.k.a. Charles Lawrence, and how he's left a string of identity theft, failed tech startups, broken promises and disappointed investors in his wake since breaking onto the scene in 1999. The Chronicle alleges that Surry -- and not publicly-named CEO Nathan Agulto -- is the man behind DinglePharb. Furthermore, they lay out evidence that the Chinese VVDRagon is not the smash hit DinglePharb claims it is, and that the company may have up to $1.3 million in debt from a previous incarnation as a company called Shogee.
It's a shame, because we still think Wold Town could fill a gap in child-centric social game in America. After reading this tkedown, though, we've practically given up hope that the game will actually see the light of day.