Apr
16

A Yale Graduate Leaves a Trail of Ventures and Debts

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Mr. Newman appeared in a YouTube video for CrossFit NYC, a gym. Its partners dismissed Mr. Newman from the company last year.

In many ways, Joshua Bryce Newman fits the part of the young, successful entrepreneur.

A 35-year-old Yale graduate, Mr. Newman began investing in Internet start-ups during his junior year. After college, he ran an independent movie production company in New York and helped found two popular CrossFit gyms in Manhattan. His website cites several news articles that describe him as “a Silicon Valley pro” and “an Internet elder statesman,” and as being “sharp and supremely confident.”

But some of the nearly two dozen people who have either invested with Mr. Newman or lent him money over the last decade paint a less favorable picture. In lawsuits that have been filed against Mr. Newman or companies he controls, investors say that he has a history of bouncing checks, unpaid debts and misrepresented intentions…

A Yale Graduate Leaves a Trail of Ventures and Debts

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