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News

This section contains news about the growth and operations of TheFunded.com.

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Thank You

TheFunded.com News

Posted by The Founding Member on 2008-11-27

PUBLIC:

I would like to thank all of the 9,902 CEOs that took the time to become Members, all of the Members who contribute content, all of the venture firms that built a profile, all of the venture capitalists who changed their behavior, all of the sponsors that contribute to operations, and the various part-time resources who keep the site running. Together, we have built something to be proud of and changed the course of raising capital for the better.

This is just the beginning. There is a long list of enhancements underway, and releases are expected weekly for the foreseeable future. Enjoy!

PRIVATE: Members Only

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Tags, Jobs, And Another Bay Area Event...

TheFunded.com News

Posted by The Founding Member on 2008-11-19

PUBLIC:

TheFunded.com is excited to announce the initial launch of tags to help categorize all Advice and Discussion posts. The goal is to organize the collective wisdom of nearly 10,000 CEOs on starting, growing, and financing a high-technology business. Users can browse all available tags here, and then click on specific tags like Lawyers, Terms, or Valuation to get all of the related posts and Member Feedback related to that subject matter. TheFunded.com will continue to enhance the tags over time, eventually building a comprehensive guide to entrepreneurship. Please add any ideas for tags in the Feedback to this post.

TheFunded.com is also excited to announce that anyone can now post a public Open Letter to the VC community here, whether you are a Member or not. Posts can be submitted anonymously, allowing established individuals in the funding community to share their honest views without concern of their identity being revealed. All of the Member Feedback written on the new public Open Letters will be available for everyone to read. The goal is to start a meaningful conversation about the future of venture capital and private equity investments where anyone can participate.

The CEO Jobs section now boasts 10 opportunities for Board-level positions posted in the last 60 days, including a board member of an Advertising start-up, multiple venture capitalist positions, and various CEO positions. Members are invited to review the full opportunities and apply for the various positions available. Anyone can post a Board-level position here to reach the 9,800+ CEOs of TheFunded.com for free. AC Lion, a firm that specializes in recruiting top executives and sales people for interactive media companies has agreed to sponsor the CEO Jobs section.

Members, please read the Private section of this post for information on a special event this Thursday night in San Francisco. Take a moment to support the various Gold Sponsors of TheFunded.com, all of whom help to support this vibrant community of entrepreneurs. Thank you, and enjoy!


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PRIVATE: Members Only (797 Characters)

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Los Angeles, Saturday: Two Events

TheFunded.com News

Posted by The Founding Member on 2008-11-06

PUBLIC:

TheFunded.com will be in Los Angeles this Saturday, November 8th, at two separate events, where everyone is welcomed to attend. Please RSVP at the links below if you are coming, and hope to see you there. Enjoy!

9:30 AM - METAal Breakfast
New Media: You are invited to an open discussion among new media heavyweights on both the future of venture capital and the impact of venture capital on the greater Los Angeles area.

    The Organic Panificio
    4211 Admiralty Way
    Marina del Rey, CA

2:30 PM - Opportunity Green
GreenTech: You are invited to a panel on raising capital for GreenTech companies in the current economic climate.

    UCLA Covel Commons
    330 De Neve Drive
    Los Angeles, CA

PRIVATE: Members Only

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System Update & Some Events

TheFunded.com News

Posted by The Founding Member on 2008-11-06

PUBLIC:

TheFunded.com has posted a number of system updates to TheFunded Connect based on recommendations from this post. Most notably, each DRAFT pitch requires just three votes to go LIVE, versus five votes previously. Cast your vote for a DRAFT pitch, or introduce one of the 30 LIVE pitches that you like to an investor you know. Members recommended adding a formal peer review group to expedite the voting process. Another idea included offering each Member with the opportunity to participate in the fundraising events of LIVE Connect companies. Enjoy!

PRIVATE: Members Only

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Member Only Events: Menlo Park, Boston, And...

TheFunded.com News

Posted by The Founding Member on 2008-10-21

PUBLIC:

Thank you to everyone who is planning to attend the first event of TheFunded.com at the Tesla Motors showroom in Menlo Park. 350 Founders and CEOs have RSVP'ed. TheFunded has added live music, expanded the catering, and opened the service area for guests. The front showroom will now have live music, two bars, and food. The service area in the back will have various Tesla Motors Roadsters with staff on hand to explain the vehicles, as well as quiet areas for Members to talk.

The event is graciously sponsored by Fenwick & West, expert lawyers for start-up companies. Additional sponsorship is by TriNet, providing small business HR services and payroll outsourcing programs to help manage human capital, and by EB Exchange Funds, providing late-stage company executives with liquidity. Gift bags are provided by FlyRight Jet Lag Formula, an herbal formula to naturally prevent jet lag.

TheFunded is now evaluating an event in the Boston area for November, 2008. Members, please log-in and read the Private area for details on the Menlo Park and Boston events.

PRIVATE: Members Only (618 Characters)

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An Exciting Close

TheFunded.com News

Posted by The Founding Member on 2008-10-14

PUBLIC:

TheFunded Connect, a free service to streamline fundraising, has sealed its first deal. JS-Kit, a developer of professional widgets for publishers, closed a $3.6 MM Series B financing on October 10th with Altos Ventures. The JS-Kit introduction to Altos Ventures reflects some common trends in the Connect service:

    (1) Altos replied to JS-Kit within three hours of being introduced, and the average investor response time is less than 48 hours.
    (2) The first face-to-face pitch was set-up five days after the introduction, and the average time to set-up a meeting or call is less than 10 days, if the investor is interested.
    (3) Altos started diligence on JS-Kit within 10 days and then issued terms within 30 days of the first introduction.
    (4) JS-Kit closed the financing approximately 90 days after first being introduced to Altos Ventures through TheFunded Connect.

    -- "We decided to join TheFunded Connect early on, and, within a couple days, we had connected with Altos Ventures, who turned out to be the perfect fit." - Khris Loux, CEO of JS-Kit

    -- "JS-Kit came to us recommended by a credible entrepreneur, which is the best source of opportunities, and the company fit our investment profile. This allowed us to move quickly." - Ho Nam, General Partner of Altos Ventures

We invite every Member to pitch their financing or to spend a couple minutes and help a company on TheFunded Connect. You can add feedback to a pitch you think needs improvement. You can vote to support a Draft pitch that you find interesting. And, of course, you can introduce a company you like to an investor you know. The service is designed for Members to help other Members.

TheFunded.com would like to thank the Gold Sponsors, including special thanks to IdeaCrossing, a place for entrepreneurs and investors to meet, for supporting the Connect service. Most of the Gold Sponsors have supported the site for many months, so please take a moment to learn more about their offerings. Enjoy!


Intermedia: The leader in Exchange and Blackberry hosting.

PRIVATE: Members Only (328 Characters)

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First Member Event

TheFunded.com News

Posted by The Founding Member on 2008-10-10

PUBLIC:

TheFunded.com is hosting a CEO gathering at the Tesla Motors Showroom in Menlo Park this October. Come and socialize over wine and hors d'oeuvres with other CEOs from around the Bay Area and from around the world in the first Connect event. Guests will be treated to a 20 minute detailed walkthrough of the mass production electric sports car, as well as provided with a unique opportunity to test drive the Tesla Roadster, which is not generally available to the public.

Over 100 CEOs have RSVP'ed. Less than fifty invitations remain, so please log in with your Membership account and read the Private portion of this post to reserve a spot today. TheFunded.com would like to thank Fenwick & West for sponsoring the event.

PRIVATE: Members Only (593 Characters)

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Upgrades, Opportunities, And Connections

TheFunded.com News

Posted by The Founding Member on 2008-10-04

PUBLIC:

TheFunded.com has completed a server upgrade on Saturday, October 4th, 2008, to improve reliability as traffic has increased in recent weeks. We apologize for any server downtime or slowness that was experienced. We will continue to monitor and enhance the site speed over the next few days.

Connect: TheFunded Connect continues to expand with the new sponsorship by IdeaCrossing, and companies in the Connect program need the support of Members. There are currently 19 companies that are Live and looking for introductions to investors, and 42 Draft pitches that need the vote of 5 separate Members to go Live. Over 181 investor introductions have been completed for Live companies, and 52 companies have already graduated from the program. Members, please take a moment to log-in, look at Draft opportunities, add any feedback on the pitch, and vote to support the pitches that you like.

Event: TheFunded.com is holding an event for Member CEOs at the Tesla Showroom in Menlo Park to allow companies to socialize, and we invite all of the Connect companies to attend. This is an excellent opportunity to meet fundraising and successful CEOs face-to-face and discuss strategies and tactics for growth. The event is almost full, so please register by following this link.

Media: TheFunded.com was mentioned in the New York Times for the second time in two weeks. A number of reporters from newspapers and magazines have asked to speak with Members about their opinion on the current economic climate. If you are interested in sharing your opinions, good stories, and challenging circumstances with the media, let us know in the Feedback form, and we will pass along your contact information to the respective media outlets. Please include the word "MEDIA" in the body and briefly describe your views in a sentence or two.

Thank you, and enjoy!

PRIVATE: Members Only

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Private Member Event Invitation

TheFunded.com News

Posted by The Founding Member on 2008-10-04

PUBLIC:

Members, please log-in to see the invitation.

PRIVATE: Members Only (1302 Characters)

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Expanded Capacity

TheFunded.com News

Posted by The Founding Member on 2008-09-30

PUBLIC:

Traffic to TheFunded.com has significantly increased in recent weeks, causing some loading delays and brief outages. TheFunded.com has responded by adding one third more server capacity earlier today. The site will be more closely monitored over the next few weeks to ensure better performance. There is also a small backlog in processing new Membership applications, which will be cleared up in the next couple of days.

TheFunded.com would like to thank the Gold Sponsors, who help to make successful operation of the site possible. Most of the Gold Sponsors have supported the site for many months, so please take a moment to learn more about their offerings. Enjoy!


Intermedia: The leader in Exchange and Blackberry hosting.

PRIVATE: Members Only

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Brief Disruption

TheFunded.com News

Posted by The Founding Member on 2008-09-30

PUBLIC:

TheFunded.com experienced partial service interruptions on Thursday, September 25th, 2008. Apologies for any inconvenience. The system was upgraded to improve delivery of Membership invitations through SPAM filters. Please note: all Membership applications submitted on Thursday morning until 5:00 PM EST / 3:00 PM PST were lost by the system as a result of the upgrade. If you applied during this time period, you will need to re-apply at your convenience.

TheFunded.com has averaged over 150 CEO applications per day since an article mentioning the site appeared in the New York Times earlier this week. Currently, there is a three day backlog processing Membership applications, which will be resolved over the weekend. Remember to check your SPAM folder for your invitation.

All new Members should take a moment to submit a numerical rating and write a review. Each contribution makes a big difference to the thousands of CEOs that rely on TheFunded.com for fundraising information. Please be honest, blunt, and fair. Enjoy!

PRIVATE: Members Only

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Feed Update

TheFunded.com News

Posted by The Founding Member on 2008-09-22

PUBLIC:

TheFunded.com has updated all of our feeds, including a real-time RSS feed here and a Twitter feed here, as well as a daily email feed here. These feeds were disabled for a few days during the update. The weekly tabulation of top rated people working in venture capital has been added to the homepage blogroll, allowing all feed readers to see this information. Please take a moment to subscribe to the feed that best suits your needs to stay on top of news and reviews from TheFunded.com.

For regular site visitors, TheFunded.com now has a new dark grey background, reducing the amount of green that some visitors found overwhelming. Lastly, TheFunded would like to welcome two new Gold Sponsors:

  • My General Counsel Group: High value legal services with pricing programs specifically tailored to start-ups.
  • AC Lion: Recruiting key technology and revenue generation positions to help start-ups grow faster.

Enjoy!

PRIVATE: Members Only

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The Meltdown, Start Ups, And Site Improvements

TheFunded.com News

Posted by The Founding Member on 2008-10-09

PUBLIC:

TheFunded.com would like to offer condolences to all the men and women from the banking and insurance industries that have lost their jobs in the recent days. While it is a difficult time in the public equity and debt markets, it remains an excellent time to start and build a business. There are new opportunities for disaggregation of traditional businesses, lower costs of labor, lower costs of real estate, increasing amounts of free infrastructure, and a steady supply of growth capital. It also is an excellent time to consider an investment in venture funds themselves, whose traditionally higher risk and long-term profile are more attractive when compared with the current market conditions.

TheFunded.com itself has continued to grow nicely through this period as a result, and a number of site improvements have been released. More are on the way. To start, TheFunded Connect program now includes a more prominent Members voting area to "Add Support" for pitches in the program. Support from five separate Members is required to promote Draft pitches to a Live state, so take a few moments to support an interesting company today. Select pitches from the Connect program are now being published on the homepage for all Members to review once they log in, making it even easier for Members to help other entrepreneurs in the fundraising process. If you are raising money, post your pitch to TheFunded Connect for free by being a Member, going to the Connect section, and the clicking "Add Your Pitch."

Next, you are invited to a number of upcoming events with TheFunded.com:

Web 2.0 Expo: What now with fundraising?
-- Friday, September 19th, 3:30 PM in New York, New York

CSIA DemoGala 2008: Trends in venture capital.
-- Thursday, October 2nd, 2:00 PM in Denver, Colorado

TheFunded Connect Party (save the date)
-- Thursday, October 23rd, 6:30 PM in Menlo Park, California (updated 10/9)

Lastly, TheFunded.com would like to thank our sponsors, all of whom offer excellent offerings for start-ups and who help to make the site possible. Learn more about sponsoring TheFunded.com here, and please take a moment to visit our sponsors below. Enjoy!


Intermedia: The leader in Exchange and Blackberry hosting.

PRIVATE: Members Only

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Unauthorized Access And Terms Of Service

TheFunded.com News

Posted by The Founding Member on 2008-09-03

PUBLIC:

Moments ago, a Member of TheFunded.com allowed a venture capitalist to use their login credentials and post this Open Letter on TheFunded.com. Such unauthorized access is considered a serious violation of the terms of service, so the Member account in question has been suspended. The specific terms violated are:

    Members agree not to share their username and password with anyone. Any employee, member, partner, director in a venture capital fund or other sources of capital for companies is strictly forbidden under these Terms and Conditions from entering TheFunded.com with a username and password or viewing Member-only "Private" information from the TheFunded, and any violation is considered extremely damaging to TheFunded.com, making said party liable for any damages that face TheFunded.com in any matter under the fullest extent of the law in any applicable jurisdiction.

TheFunded.com takes extensive measures to (1) screen all Membership applications to ensure that every Member is qualified as NOT working in venture capital or as a full-time investor and (2) protect the anonymity of the Membership to ensure that each Member can speak freely. This is a commitment that TheFunded.com makes to the Membership, and the hope is that each Member understands and respects the importance of anonymity and secure access.

Nonetheless, with over 9,000 Members, there have been documented cases where Members have copied and pasted feedback and snippets of Private comments in emails to venture capitalists. There have also been documented cases of Member CEOs becoming EIRs (see the feedback on this post).

In response, TheFunded.com has just introduced the ability for any Member that may be in violation of the terms of service to WITHDRAW their Membership account. After you login as a Member, there is now a WITHDRAW option next to the LOGOUT option. We ask that any Member who has (1) shared their login credentials, (2) works as a full-time investor, or (3) started working or works in venture capital immediately WITHDRAW their Membership account.

Based on the reasonable nature of the post in question, TheFunded.com will introduce functionality to allow venture capitalists and full-time investors to post Discussion items for Membership commentary. Obtaining the login credentials of a portfolio CEO is not the way to accomplish this goal. Any further ideas are welcomed by submitting feedback or by adding feedback to this post below. Thank you, and enjoy!

[UPDATE at 4:00 PM PST] TheFunded.com has introduced functionality that now allows any professional investor with a Certified Profile to post an Open Letter under the "Letters" section and see all replies in the Feedback by the Membership. The original post has been designated as a public sample to see how this new openness works.

PRIVATE: Members Only (253 Characters)

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Broke 9,000 Members

TheFunded.com News

Posted by The Founding Member on 2008-09-02

PUBLIC:

TheFunded.com just broke 9,000 Members moments ago. Over 95% of the Members continue to be CEOs, with less than 5% being founders in other roles, lawyers, consultants, and limited partners. TheFunded.com continues to carefully screen Members to reject any attempts by venture capitalists or full-time angel investors to access the site and the Private comments.

An increasing number of venture capitalists are leaving the VC industry and joining start-ups. Rather than deleting the profile of a former venture capitalist or investor, TheFunded archives the profile in a Transitional Zone.

In celebration of this milestone, TheFunded has added an easy way for early stage companies to look up Angel investors. There is now a Filter option to show only self-declared Angels in the left hand navigation, which can be further tuned by selecting a Geography. Early stage companies raising smaller amounts of capital can now see all relevant angel groups and their ratings.

Enjoy!

PRIVATE: Members Only

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Fundraising Season Is Upon Us

TheFunded.com News

Posted by The Founding Member on 2008-09-01

PUBLIC:

Fundraising season is starting, and it appears that the Fall of 2008 will be one of the best periods in history to raise money. Hundreds of CEOs from around the world have applied for Membership in the last couple days. Over fifty venture firms and angel investors have updated their Certified Profiles here to prepare. TheFunded has launched a Twitter channel to stay up-to-the-minute with posts and news.

Get or give help with fundraising efforts by using TheFunded Connect. Following are some Member-only links, so please log-in to view them. Read the basic rules of posting a business on TheFunded Connect here. Check out the top Draft pitches here, including Test Preparation, Political Campaign Assistance, Image Search, and Mapping, among other businesses. Don't forget to support the Draft pitches with your vote and introduce businesses that you like to investors you know.

TheFunded is looking to start a series of CEO events in the Fall, and you can help by volunteering a large conference room or meeting space for a couple dozen CEOs in the Bay Area. If you are interested in volunteering space, please contact TheFunded here. If TheFunded has helped you, you can also help the site to expand with a financial contribution. Just click the "Contribute" button on the bottom of the left hand navigation. Thank you!

Special thanks to the sponsors below for their support, and enjoy!


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PRIVATE: Members Only

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Update Your Login Credentials

TheFunded.com News

Posted by The Founding Member on 2008-08-18

PUBLIC:

TheFunded has introduced functionality that allows any Member to change their login name and password at will. Members now see an "Edit Username / Password" link next to the "Logout" button at the top of every page. The ability to change a login name to something more anonymous is part of the ongoing commitment by TheFunded to provide a safe environment for CEOs to discuss the true nature of their investor relationships without threat of censorship. The login name stored by TheFunded is the only piece of information that may be able to identify a Member. For example, a Member may chose an email address or a full name as a login. After the new login name is posted, old login names are neither stored nor are the changes logged.

A number of interface enhancements have been launched on TheFunded Connect, including the ability to browse by Industry and Geography. For example, you can limit pitches displayed in the column on the left to Wireless companies on the West Coast in a similar way that you search and browse funds on the main site. Members, please take a moment to vote on some "Draft" pitches by clicking the enlarged "Support It" links. A "Draft" pitch requires support from five separate Members before going live.

Lastly, TheFunded posts are now being syndicated through Twitter, so follow them here.

Special thanks to the sponsors below for their support, and enjoy!


Intermedia: The leader in Exchange and Blackberry hosting.

PRIVATE: Members Only

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The Funded Manifesto

TheFunded.com News

Posted by The Founding Member on 2008-08-13

PUBLIC:

In the quest to build opportunity from a vision, entrepreneurs worldwide face many challenges. They are lied to. Value is stolen, and they are taken advantage of. TheFunded has a set of five guiding principles, developed in response to the difficulties faced by entrepreneurs.

1. TheFunded is and always will be free for entrepreneurs in response to the many people that charge new companies at every available opportunity.

2. TheFunded makes all efforts to be an honest forum despite the need of entrepreneurs to manage information and appearances.

3. TheFunded is vigilant about protecting the anonymity of the Membership as a shield for entrepreneurs to openly discuss challenges.

4. TheFunded does not delete or change the submitted opinions of entrepreneurs. (we may fix a typo, though)

5. TheFunded provides courteous and free assistance to any entrepreneur in need.

Enjoy!

PRIVATE: Members Only

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Connect Service Growth

TheFunded.com News

Posted by The Founding Member on 2008-07-31

PUBLIC:

TheFunded.com is committed to improving the tedious process of getting introductions to appropriate venture funds. 45 days after the launch of Connect, 22 pitches have been 'Live' for investor introductions, and over 95 introductions have been made, averaging over 4 introductions per pitch. There are 43 'Draft' pitches with 128 pieces of Member feedback. TheFunded.com continues to launch changes to Connect for a better experience, including:

-- hot pitches are promoted to all Members in yellow at the top of site pages
-- each pitch that you read or refer is now marked to help you track your browsing
-- the pitch list on the left reflects the category you are browsing
-- feedback appears in the 'Draft' pitch list to support quick commentary

Members, you can help a fellow entrepreneur today in the throws of fundraising by (1) voting to support a pitch that engages you, by (2) adding feedback to a pitch that needs polish, or by (3) referring a company that you like to an investor that you know. Your help matters.

TheFunded.com has one Gold Sponsorship position available starting in early August, so contact us here to reserve this opening. Special thanks to the sponsors below for their support, and enjoy!


Intermedia: The leader in Exchange and Blackberry hosting.

PRIVATE: Members Only

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The Funded Connect

TheFunded.com News

Posted by The Founding Member on 2008-07-15

PUBLIC:

Less than 30 days after the launch of TheFunded Connect, two of the original five companies have received investment terms. TheFunded.com hopes to announce these success stories as more details become available. Members are encouraged to read the pitches, leave feedback, vote for the pitches that they like best, and help companies with vital introductions.

There are some new improvements to TheFunded Connect, including:

First, a two week Expiration Date has been added to all company pitches. Contributing CEOs must update the pitch, the funding targets, the status, or the progress reports in any 14 day period, or the pitch will be marked as "graduated" and removed from the Connect program.

Second, Contributing CEOs can archive their own pitch, marking it as "graduated," by setting the pitch status to "closing an offer," "received financing," or "stopped fundraising."

Third, Contributing CEOs can mark target funds that they have contacted through their own networks using a new "contacted" link next to the fund's name under the current funding targets.

TheFunded.com will activate the pitch expiration date on Wednesday, July 16th, 2008, so contributing CEOs should take a moment to update a pitch today. There is an "Edit Your Pitch" button on the left side of the Connect section. Please support sponsors of TheFunded.com listed below, and enjoy!


Intermedia: The leader in Exchange and Blackberry hosting.

PRIVATE: Members Only

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Directory Expansion: Angels And More

TheFunded.com News

Posted by The Founding Member on 2008-07-11

PUBLIC:

TheFunded.com is working to expand the directory of venture funds and angels, adding 150 new entries over the last few days. The focus has been on growing the number of organized angel networks listed. Readers and Members can help make the directory as complete as possible in the following ways:

First, contact us here and let us know if TheFunded.com is missing a key venture firm or angel network, and we will add the missing entity.

Second, take a few minutes to create a Certified Profile here for a venture firm or angel network that you are involved with.

Please take a moment to review the offerings of our Platinum and Gold sponsors, as their support helps the site to operate:


Intermedia: The leader in Exchange and Blackberry hosting.

  • OPEN-deals: Allows entrepreneurs to access 450 Angel groups and 8,000 investors.
  • RaiseCapital.com: An online resource for entrepreneurs to showcase their business ideas and capital needs to investors.
  • IdeaCrossing: IdeaCrossing connects entrepreneurs with the capital and assistance they need to build their businesses.
  • Inventure Global: Developing technology at the speed of a start-up with weekly milestones and complete project visibility.
  • EB Exchange Funds: Pool your pre-IPO stock for risk reduction and liquidity.
  • DNAmail.com: Exchange 2007 & Blackberry Hosting.
  • There is currently one Gold sponsorship spot available in July/August, so contact us if you are interested. Special thanks to Mod Lueprasitsakul, our summer intern from Stanford University, for assistance with the research and data entry. Thank you, and enjoy!

    PRIVATE: Members Only

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    Your Vote Counts

    TheFunded.com News

    Posted by The Founding Member on 2008-06-25

    PUBLIC:

    TheFunded Connect has added some new enhancements to handle the volume of companies entering the program. You can now sort the companies (1) by name, (2) by the number of supporters, and (3) by when the pitch was last updated. It is also easier for Members to vote for and support a company pitch. A large red number on the right shows the number of supporters, and a "Support It" link allows you to easily cast your vote.

    Your vote counts, since each 'Draft' pitch needs 5 supporters to go 'Live.' There are now 46 'Draft' pitches, one of which has four votes, three of which have three votes, and many have two votes. The 85 pieces of Member feedback submitted to these companies is helping them better prepare for fundraising. Your vote and your feedback can make a difference.

    Please add any other suggestions on how to improve TheFunded Connect to this post. One proposed idea is to hold regional events, allowing the these fundraising CEOs to meet others and facilitate introductions. TheFunded.com would like to thank all of our Gold Sponsors, which include three great companies to help you with fundraising: OPEN-deals, IdeaCrossing, and RaiseCapital.com. There are two open sponsorship spots available in July, so contact us if you are interested.

  • OPEN-deals: Allows entrepreneurs to access 450 Angel groups and 8,000 investors.
  • RaiseCapital.com: An online resource for entrepreneurs to showcase their business ideas and capital needs to investors.
  • IdeaCrossing: IdeaCrossing connects entrepreneurs with the capital and assistance they need to build their businesses.
  • MeetingWave, provides a great service to meet people and make new contacts for business or social purposes.
  • Inventure Global: Developing technology at the speed of a start-up with weekly milestones and complete project visibility.
  • EB Exchange Funds: Pool your pre-IPO stock for risk reduction and liquidity.
  • Intermedia: The leader in Exchange and Blackberry hosting.
  • Thank you, and enjoy!

    PRIVATE: Members Only

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    Updates To The Funded Connect

    TheFunded.com News

    Posted by The Founding Member on 2008-07-11

    PUBLIC:

    TheFunded Connect has undergone regular design and functionality improvements to support the high volume of interest over the last five days since launch. 65 companies have uploaded pitches, and the 7 'Live' pitches have already received 27 introductions to funding sources. 52 more introductions are sought.

    Members, you can help in one of three ways:

  • Advise one of the 37 CEOs with 'Draft' pitches on how to refine the message before the pitch goes 'Live.' There have been 44 pieces of feedback so far, and the pitches have been changed as a result.
  • Vote to support a 'Draft' pitch that you find interesting. 5 supporters are required before a pitch goes 'Live' and starts to receive introductions, so your vote counts.
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  • All of the recent improvements are designed to ensure that each pitch gets feedback and the best pitches go 'Live.' More features are on the way, and every Member is invited to upload a pitch. There are currently 21 'New' pitches awaiting final edits and selection of funding targets before they become a formal 'Draft.'

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