search: results update below


browse funds: selections are stored



recently rated:

Rated by 5
2.3
 

top rated funds:

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 42
3.1

Rated by 26
3.1
 

Rated by 20
3.1

Rated by 37
3.1

Rated by 22
3.1

Rated by 14
3.1

Rated by 12
3.0

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
2
Disagree

Wasted Time, Bad Treatment

Fund: Allegis Capital

Posted by Anonymous on 2008-09-30

PUBLIC:

We had a really bad experience with Allegis (Spencer) this summer. He heard about our deal, reached out to us, and got all hot and heavy and took a lot of our time with diligence. Claimed it was all going very well, and specifically indicated that they intended to come forward with a term sheet "within the next few days". I talked to Spencer 4 or 5 days later, and it was like he had almost never heard of me or my company. Total twilight zone. Made comments about confusion in his PDA about our deal timing, but after spending 3 weeks in diligence with him, he truly acted like it was a cold introduction call. Never heard from him again.

Obviously this means he got some sort of negative diligence feedback, but this was about the most classless way to communicate a change of direction that I have ever seen.

PRIVATE: Members Only