TheFunded: a scandalous guide to venture funds

At the KIB-2007 conference, Russian businessmen complained that the websites of Russian strategic and venture investors absolutely do not have the procedure for submitting applications for investments ( MP3 with complaints ). To whom, in what form, to send a business plan - not a word about it is available either on the RBC website, in the Rambler, or in other “money bags”. A similar problem exists not only in Russia, but also abroad. However, there the situation got off the ground two months ago, when the site TheFunded was opened.

Entrepreneurs who are looking for venture capital investments have finally received the service they need. TheFunded website contains profiles of the world's largest venture capital funds and angels financiers, as well as feedback on working with them. The site has already caused several scandals.

To view, you can select a list of venture capital funds from a specific region: US West Coast, East Coast, Central, Canada, South America, Asia, Middle East / Africa, Europe.

For each of the venture funds (there are thousands of them here), a small page with a description is made up: what size of investments does the fund prefer, where the headquarters is located, the site address, the place for ratings and comments. Entrepreneurs can publish their feedback and rate on several criteria: the effectiveness of the pitching, competence in management, etc. Each fund has a cumulative rating, which is calculated as the quotient of dividing all estimates by the amount of investment.
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Naturally, not everyone can give their assessment to the fund. To register on the site, you need to get a personal invitation from one of the participants and confirm your identity as an entrepreneur. However, they subsequently leave comments anonymously. Naturally, anonymity contributes to the flame sincere expression of emotions. Some of the large funds have already been obstructed by offended entrepreneurs.

The owners of venture funds did not remain in debt. One of them accused TheFunded that the site specifically encourages the instigation of the flame in order to get scandalous fame.

Well, if this was the intention, then he was one hundred percent successful. The site has already become famous, and insiders of the venture capital market are happy to relish impartial, but apt remarks about a certain well-known financier, for example, as in the screenshot below.



via TechCrunch