Ragen’s personal biography has changed a number of times over the years as she deletes and highlights various aspects of her past. We talked about her previous business experience here. It’s come to our attention that she actually has over a dozen registered businesses to her name since 2001, all but one of which (More Cabaret) is now defunct. From 2005 to 2013 she burned through 11 separate incorporated businesses, which doesn’t even include several other failed business ventures she didn’t actually register. Apparently success as a businesswoman is defined by the number of businesses you can run into the ground. We are currently preparing a definitive exposé of Ragen’s elite business exploits, but this part deserves its own post.
One claim that sticks out in Ragen’s biographies is that she was a “turn-around CEO” for a mysterious “multi-million dollar corporate conglomerate”.
If you check her LinkedIn profile (edit: link removed), you can see she lists herself as the CEO of “Condor Entertainment – Spider House” for nine months in 2011. She mentions leaving this job because of stress on her blog. The Spider House is a bar, cafe, and live music venue in Austin, TX that operates under several names and registered corporations. Ragen has organized events here in the past like the Plus-Size Clothing Swap and Sale. The president and director is a successful businessman like Ragen who operates a video rental store and owned “2915 Guadalupe of Texas, Inc.”, “Condor Transcontinental Industries, Inc.”, “Euroclean, Inc.”, and various defunct businesses. It’s a tangled web of related incorporated small businesses that Ragen defines as a “multi-million dollar corporate conglomerate” even though she was only briefly in charge of one small part of it.
Ragen does leave one important detail out of her biography: just over a year after she successfully “turned around” this part of the “conglomerate”, Spider House filed for Chapter 11 bankruptcy with up to a million dollars in debt. Not only that, but Ragen is listed as one of the major unsecured creditors with a claim of $12,390.31 for “services provided”. Way to go, turnaround CEO!