I've had similar issues. People in my group asked me to stop approving FounderDating posts because they felt it was spammy. Clearly something needs to change with their tone and overall marketing because it could be a great resource for some people with project ideas!

Who do all those ManagingDirectors [sic] direct? Title inflation ahoy.

Those ManagingDirectors [sic] are not employees. I'm familiar with two of them. They are folks in the startup space, likely operating in an advisory role, probably brought on to lend credibility to the company. Or maybe they were brought on for access to their contacts.

This is as misleading as the stunt they pulled with spamming that poor guy's LinkedIn contacts. Where there is smoke, there is fire.