search: results update below


browse funds: selections are stored



recently rated:

Rated by 3
2.9
 

top rated funds:

Rated by 17
3.4

Rated by 18
3.3

Rated by 39
3.3
 

Rated by 15
3.3

Rated by 10
3.3
 

Rated by 10
3.3

Rated by 38
3.3

Rated by 38
3.3

Rated by 23
3.3

Rated by 38
3.3

Rated by 48
3.3

Rated by 39
3.3

Rated by 34
3.3

Rated by 14
3.3

Rated by 47
3.2
 

Rated by 27
3.2
 

Rated by 10
3.2
 

Rated by 31
3.2

Rated by 33
3.2

Rated by 12
3.2

Rated by 15
3.2

Rated by 10
3.2
 

Rated by 50
3.1

Rated by 14
3.1

Rated by 29
3.1

Rated by 42
3.1

Rated by 26
3.1
 

Rated by 20
3.1

Rated by 37
3.1

Rated by 22
3.1

Please take a moment and make a financial contribution to TheFunded. If we have helped you, help us with resources to further grow the both the site and our entrepreneur training program, The Founder Institute.

Member Post

TheFunded.com is an online community of over 20,000 CEOs, Founders and entrepreneurs to discuss fundraising, rate and review angel investors and venture capitalists, and discuss strategies to grow a startup business. Enjoy the site, and be sure to join us at our Founder Showcase events to meet the community.

Sign-up for Membership

180
Agree
4
Disagree

My Materials are Confidential, Please!

TheFunded.com Open Letter

Posted by Anonymous on 2007-07-27

PUBLIC:

A number of posts have come up about how venture funds are sharing pitch materials, business plans, and even financials with the competition. This may seem crazy, except for the fact that, as a venture funded CEO, I get these materials from venture capitalists, too. I actually know many of my competitor's financials as a result, and I want to go on the record and say that this needs to stop.

I am not even sure if it is OK to give me a high-level verbal synopsis of a competitor's financials, which I have also received on multiple occasions. I do think it is OK to provide me with high-level insights on the market that is derived from seeing multiple business plans.

It's like rubber necking. You know you shouldn't look, but when a plan hits your inbox, you open it, see what it is, and then you can't turn away. I commit to deleting all such emails in the future (and I have been for some time), but, more importantly, the venture industry needs to stop this practice. Members, if you agree with me, agree with this post - both as an entrepreneur that receives the materials and as an entrepreneur that has probably had their materials shared.