TheFunded trashed by TechCrunch
Posted on May 20, 2008 by Chris DeBrusk
It would seem that Michael Arrington has a thing for bashing TheFunded.com. His post today was overwhelmingly negative but I actually disagree completely. TheFunded is a great resource for early stage companies to get a handle on the good VCs and the bad VCs out there (and there are plenty of both). As a founder, the one thing you have very little of is time and to waste it chasing a fund that is never going to invest is nearly the worst thing you can do. It can take your company down if you don’t watch it.
Now I’m not usually a fan of online reviews as they tend towards either very negative or very positive and hence uselessness but in this case the network on TheFunded is rather specialized (only CEOs need apply) and having watched postings there for about six months, I can say that for the most part the experiences being shared are spot on based on my own experience pitching for money.
I’m a fan even if TechCrunch isn’t.
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