The Binary "No"
TheFunded.com Discussion
Posted by Anonymous 1 day ago
Killing the Next Google
TheFunded.com Discussion
Posted by Anonymous about 19 hours ago
Early Exits
TheFunded.com Discussion
Posted by Anonymous 1 day ago
Appreciate the Fact They Got Back to Me with Advice
Fund: Leapfrog Ventures
Posted by onthedot on 2010-09-04
I really appreciated the fact that Andy took the time to get back to me with feedback. Most VCs I've approached don't care enough to even respond, which I think is very unprofessional.
Andy let me know they don't do life sciences type investing, but also gave me some feedback about defending against competitors, which I found very helpful. It also showed his understanding of business, and I have incorporated the feedback into our investment summary.
PRIVATE: Members OnlyTechnical Knowledge
Fund: Mission Ventures
Posted by anon about 1 hour ago
I keep hearing that these guys are weak on technology domain knowledge. Simple things like "what is RSS" and "what is mozilla" ... is this a firm in business purely because of its geographic location? appreciate your thoughts.
PRIVATE: Members OnlyWrong Reasons VC's Take Meetings
TheFunded.com Discussion
Posted by Anonymous about 2 hours ago
Founder Insight 9/9/2010
TheFunded.com Open Letter
Posted by Marc Huey about 9 hours ago
Found Across The Web:
The Story of Backblaze 'Almost Being Acquired' [Founder Insight]
Gleb Budman, CEO of Backblaze writes an awesome and transparent post on their story of 'almost being acquired'. He shares his whole story, in detail, walking through the acquisition process, dealing with competing offers, how the deal fell through, and breaking down what he's learned. - Backblaze Blog
The VC Seed Investor Signaling Problem [Founder Insight]
Brad Feld addresses "the signaling problem" created when VCs make a seed investment, but decide not to follow-up and participate in the subsequent round of financing, thus creating a negative perception for future investors. He highlights one large VC firm's approach to this problem which is "sell[ing] [the shares] back to the founders, the company, or the angels at somewhere between $1 and [the VC firm's] cost." - FeldThoughts
Addressing Stock Options [Founder Insight]
Mark Suster discusses how to portray and address stock options with your employees and your founding team. Ultimately, he advocates transparency and notes, "there is nothing worse than an employee who wakes up one day feeling duped." - Both Sides of the Table
Great Discussions on TheFunded:
Common Questions Answered For First Time Founders - The starting point of launching a company can be very difficult and exciting at the same time. A member of TheFunded poses preliminary questions for launching a startup including rules on incorporation, par value of common stock, and TheFunded's "Class F Share."
Major Events:
BizTechDay
Date/Location: Sep. 24th – New York / Sep. 28th – Seattle / Oct. 23rd – San Francisco
Description: BizTechDay is a event where inspiring entrepreneurs share impactful business idea sand technology strategies. It is where you will meet someone who will change your business.
Mobilize 2010
Date/Location:Septmeber 30, 2010 - San Francisco, CA
Description: Mobilize 2010 will bring together the thought leaders of the mobile web ecosystem for discussions, demonstrations and debate. This year's event will detail how the adoption of mobile computing and the availability of connectivity everywhere have changed the landscape for innovation. Use code 'THEFUNDED' to get $100 off tickets.
Founder Showcase
Date/Location: October 21, 2010 – Mountain View, CA
Description: See pioneering "super angel" Mike Maples Jr., and pitches from 10 promising start-ups at the 5th Founder Showcase - Silicon Valley's premier startup pitch and networking event. Use code 'invitediscount15' to get 15% off tickets.
FailCon 2010
Date/Location: October 25, 2010 – San Francisco, CA
Description: At FailCon, join over 400 founders, investors, executives, developers, service provides, and press as we share tips and tools to avoid, prepare for, and recover from the most common startup mistakes. Get 10% off with the code '10Founders'
Very Professional and Courteous
Fund: Merus
Posted by Anonymous about 22 hours ago
We had a very good meeting with one of their partners. I can't speak for the rest, but he was one of the nicer partners whom we've pitched. Just thought I'd add my $0.02 to weigh against the other poster.
They wound up choosing not to invest, but were very prompt in getting back to us, and they were helpful in introducing us to one of their portfolio companies.
PRIVATE: Members OnlyWhat to Do about Feeling that You are the Only One Who's Motivated in Your Team?
TheFunded.com Discussion
Posted by Anonymous 1 day ago
Penny Herscher, CEO of First Rain, on Successfully Sourcing Venture for Women
TheFunded.com Discussion
Posted by Anonymous 1 day ago
The 5th Founder Showcase
TheFunded.com News
Posted by The Founding Member on 2010-09-07
In just one year we've grown the Founder Showcase to be Silicon Valley's Premier Startup Pitch and Networking Event. The winner of each event has received funding from an investor they met at the event, and countless other presenting companies have received funding as well - over $2mm in total. The best part for us, however, is that all the companies presenting at the event and getting financed are members of TheFunded.
The 5th Founder Showcase is coming up on Thursday, Oct. 21st in Mountain View, CA. We previously declared 2010 "The Year of the Angel", so we're very happy to announce that Super Angel Mike Maples Jr., Managing Partner of FLOODGATE and early investor in Twitter and Digg, will be speaking and judging pitches at the event. In all we expect over 300 in attendance, include over 40 investors. Check out this video recapping the last event, and reserve your tickets today. The last three Showcases have completely sold out.
Applications to pitch on stage at the event are also now open. The competition is free, and any company less than 2 years old and with less than $500k in funding can apply. Click here for more information.
Finally, we've also teamed up with BizTechDay, the largest and most impactful business and technology entrepreneur conference, to offer technology entrepreneurs access to both events on October 21st and 23rd in the Bay Area for a reduced bundled price. By attending the Showcase and BizTechDay, you will meet and learn from the brightest minds and most promising startups in San Francisco and Silicon Valley. Only 25 bundled tickets are available, so reserve yours today.
We hope to see you at the Founder Showcase.
PRIVATE: Members OnlyEfficient Funding
Fund: Queen City Angels
Posted by Anonymous on 2010-09-06
We approached QCA as a potential add-on to a syndicate of Angel groups. The pitch process was well described and straightforward. We got good, relevant questions from them, they appeared to read the materials we sent and actually listened closely during pitches and phone calls. Since they were not a lead for this deal, perhaps it was easier for us, but overall this was one of the most efficient processes we dealt with in our financing round.
PRIVATE: Members Only (104 Characters)Hpa Funded, Finally
Fund: Hyde Park Angels
Posted by Anonymous on 2010-09-06
In the current capital formation environment, HPA and groups like them are essential and extrememly valuable. The HPA group is as good as any the Company dealt with in this funding round, and better in many respects. So even though the process took longer than it should have, and even though the diligence process was not particularly polished, overall I would highly recommend an approach to Hyde Park Angles. These folks are smart investors and a big enough group to have expertise and connections in just about any field you pitch. Just be prepared to be patient.
PRIVATE: Members Only (742 Characters)Some Detailed Questions From a First Time Founder
TheFunded.com Discussion
Posted by Anonymous on 2010-09-05
Gina Raimondo, Point Judith Capital, on Venture Capital & Women [Video & Transcript]
TheFunded.com Discussion
Posted by Anonymous on 2010-09-02
Event: Mobilize 2010 - The Future of the Mobile Web
TheFunded.com Sponsor Posting
The conjunction of mobile computing and cloud-based services will unleash a new wave of product and market growth. Mobilize 2010 will bring together the thought leaders of the mobile web ecosystem for discussions, demonstrations and debate.
This year's event will detail how the adoption of mobile computing and the availability of connectivity everywhere have changed the landscape for innovation. Mobilize has sold out each year, so register today and TheFunded readers save $100!
Mobilize will feature a stellar lineup of speakers representing all aspects of the mobile Internet from blue-chip companies to start-ups to investors;
- Dr. Tero Ojanpera, EVP, Services, Mobile Solutions, Nokia
- Yves Behar, Founder, Fuseproject
- Nicholas Negroponte, Founder and Chairman, One Laptop per Child
- Steve Mollenkopf, EVP and President, Qualcomm CDMA Technologies
- Tom Key, COO, MetroPCS
- Glenda Dorchak, CEO, VirtualLogix
Topics include;
- What the "mobile cloud" will do for innovating services and products
- How new wireless broadband networks will enable consumer adoption of cloud services for mobile
- What impacts touch devices and new form factors are having on markets
- Where the opportunities are for Internet-connected objects - "The Internet of Things" or M2M (Machine-to-machine)
- Which mobile monetization options are succeeding
- Why the architecture of wireless networks will be linked to cloud-based services
- Which mobile web technologies are being funded and why
Our schedule and speaker list are growing daily. See details here. TheFunded readers register today and save $100.


Kudos to the Backblaze guy, but what a dummy for accepting anything with an earn out.