VC V/s Entrepreneurs! The battle continues

April 1st, 2008

It all starts with the launch of The Funded, give you insight into VCs and how they reacted to entrepreneurs. You can find VCs based on your Geography, Funding level, age etc.

The site gives insight into the VC culture, how they treat entrepreneurs. There are some positive and not so pleasant comments. It is without a shadow of doubt a useful directory of VCs in your area. With some of the major VC funds like Sequoia Capital, 3i etc ,there so many partners and associates that its almost impossible to generalise the fund. Saying that users have commented with names of specific partners.


Some VCs are annoyed with it as it doesn’t allow them to explain their complete story. Hence TheUnfunded.com :

“Hey VCs - tired of getting your reputation trashed on TheFunded.com by kids born after you graduated from college? TheUnFunded.com is your chance to talk back! Created by a venture capitalist for venture capitalists, our hope is to create a community for venture capitalists to share opinions and feedback on startups and their founders.”

I didn’t like the text above: “by kids born after you graduated from college”

What’s that suppose to mean ? So young entrepreneurs don’t have valid feedback ?

Interesting what TheFunded.com said about TheUnfunded.com:

“..VentureBeat is reporting that TheUnFunded is a joke, but it would then be an expensive joke to have a fully functioning ASP back-end..”

Lets forget this debate for a moment. Do you reckon VC’s would share tips about a startup they might be funding ? Obviously not!

Each comment on TheUnFunded.com is manually approved says TheFunded.com: “Update at 5:00 PM PST: A VC just wrote in to us that his fund was able to apply, get approved, and make a post on TheUnFunded.“

Won’t pre-moderation stifle the development of the community ?

If I was a Venture Capitalist: So far from the information I have, I wouldn’t fund TheUnFunded.com. Let it remain unfunded :)

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Posted by Raj Anand Filed in Business 2.0, Web World



One Response to “VC V/s Entrepreneurs! The battle continues”

  1. VC V/s Entrepreneurs! The battle continues Says:
    April 1st, 2008 at 10:42 am

    […] Alexander Schatten wrote an interesting post today onHere’s a quick excerptIt all starts with the launch of The Funded, give you insight into VCs and how they reacted to entrepreneurs. You can find VCs based on your Geography, Funding level, age etc. The site gives insight into the VC culture, how they treat … […]



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