DISQUS

VentureBeat: TheFunded exposes deal terms, including dreaded liquidation preference

  • Barrie Harrop · 1 year ago
    this is a great capability to redress the balance/fairness required in the way VC's deal with funding applicants.
  • Berto · 1 year ago
    I read about these guys in Inc. Great idea, and reading reviews on the lower-rated VCs is even entertaining.

    But man this site is ugly!

    Just because it involves money doesn't mean it needs to be green. If this site wants to get taken seriously, it needs to ditch the noisy colors, blog-like layout, and ridiculous graphics and shapes.

    A change in look will enable this site to get to the next level. But as for now, it feels like 1998.
  • Murali Krishna Devarakonda · 1 year ago
    Excellent addition to 'TheFunded.com' - and about time too. This should really level the playing field.

    There's a strong reason to drop the "post to view" policy, which requires that you can't view any of this 'term sheet' information until you post one yourself. I'm a bootstrapping entrepreneur who has not raised VC money yet, even though I've been a founder previously. Also, I founded a group called "Agile Entrepreneurs", where founders of startups who are primarily bootstrapping gather to share advice and information to help each other. Our entire group of about 50 entrepreneurs would benefit immensely from seeing the term sheet information. But with the "Post to view" condition, those who most need the information - the vast majority of our bootstrapping, first-time entrepreneurs - will be denied access to it.

    The Funded.com needs to reconsider drop "Post to View" policy immediately.
  • Michael · 1 year ago
    This information is not new. VC Experts.com has had the Private Equity Data Center for some time now that reveals the specific deal terms and valuations of U.S. venture backed companies. The data comes from regulatory filings such as an amended Certificate of Incorporation. At www.pedatacenter.com, an entrepreneur can pay as little as $50 bucks for a company profile which will disclose the all of the terms used, including pay to pay penalties, cumulative dividends, anti-dillution protection, etc. I highly suggest that any entrepreneur seeking a competitive advantage (and those who want to know which investors are willing to accept which terms) try out the database. Call 646-290-9254.
  • Michael · 1 year ago
    The correct URL for the Private Equity Data Center is http://www.pedatacenter.com
  • Steven · 1 year ago
    These guys really have an amazing site and very informative.
  • Anthony Kuhn · 1 year ago
    Matt:

    Adeo sure is shaking things up in the VC world. No one likes change and having someone shout out "The Emporer has no clothes" as the naked VCs march down the boulevard must have a, shall we say, shriveling effect on those without their armor. Thanks for your coverage and I'll be looking for more to come on TheFunded.com.

    Anthony Kuhn
  • Tom · 1 year ago
    For those who don't know it I can also recommend Fenwick and West's quarterly terms survey. Latest available here:
    http://www.fenwick.com/publications/6.12.1.asp?...