search: results update below


browse funds: selections are stored



recently rated:

Rated by 2
5.0

top rated funds:

Rated by 37
3.1

Rated by 22
3.1

Rated by 14
3.1

Rated by 12
3.0

Rated by 13
3.0
 

Rated by 20
3.0
 

Rated by 24
3.0

Rated by 26
3.0

Rated by 27
3.0

Rated by 43
3.0

Rated by 19
3.0

Rated by 22
3.0

Rated by 28
3.0
 

Rated by 17
3.0

Rated by 11
2.9

Rated by 21
2.9

Rated by 14
2.9

Rated by 13
2.8
 

Rated by 13
2.8
 

Rated by 12
2.8

Rated by 15
2.8
 

Rated by 38
2.8
 

Rated by 13
2.8

Rated by 16
2.8
 

Rated by 24
2.8

Rated by 10
2.8

Rated by 28
2.8
 

Rated by 11
2.8
 

Rated by 15
2.8

Rated by 40
2.8

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

5
Agree
3
Disagree

Underfunded, Poor Leadership and Misdirection

Fund: Innovation Works

Posted by Anonymous on 2007-08-09

PUBLIC:

The fund is financed primarily through state funds and are very limited to how much they can invest. They propose investments up to $500k or more if the opportunity is right. This is incorrect and a misrespresentation. The firm has repeatedly only given $100k, sets milestones for additional funds, and never follows through on the remainder of funds.

I found Frank Demler to be a tool. He walked into several of our meetings unprepared, making very general statements, and overly critical on our performance, even though we met our milestones. Plus he reminds me too much of the guy who sell Quaker Oats and Life Insurance minus the charisma.

It is very difficult to have respect and take advice from Frank and others on the team when they have never been entrepreneurs and/or have a strong IRR.

PRIVATE: Members Only (290 Characters)