The Funded is a very controversial website that has been created to look at Venture Capital. The website contains lots of revealing information about venture capital firms and will help many small business owners to find out the truth and to make sure that they are choosing a good venture capital company. The Funded can be compared to the lawyer rating service, known as Avvo. Users can read various discussions on a number of different venture capital companies and then decide whether or not they should believe it. Users can improve their credibility by building up their profiles on the site and responding to any of the comments that have been made. The funding does not have any venture capital funding which means that it is a trustworthy source, and it’s not that surprising really! The Funded was founded in March 2007 by Adeo Ressi who is an entrepreneur with a lot of experience. He launched the site because of a bad experience he had with a venture capital company. The Funded is based and run in the USA. This site is pretty unique, instead of helping you to find a venture capitalist, or raise funds it explains the problems that you could experience when raising funds from a venture capitalist. The site is a useful resource for anyone trying to raise funds for their business. The site is very cluttered and quite difficult to find your way around, saying that however it’s not too bad and there is a lot of really useful information available. If you spend some time getting used to the site then you shouldn’t have a problem, it’s just not quite as pretty as a number of other sites out there designed for business users. Registering for an account with The Funded is very easy; however there are a number of restrictions. You cannot for example be a venture capitalist, or related funding company. You will also need an online biography, at least a linked in profile with plenty of connections. You will also have to enter a short paragraph on why you want to join, and how you feel you will be able to contribute. Unlike other sites you must wait for this to be approved before you are able to use the site. It’s much easier to register if you have been invited by an existing member, in which case approval takes much less time. It’s completely free to use The Funded and it’s a very valuable resource for new businesses or any existing businesses who are considering raising capital using venture capital firms. This site allows you to find out how VC’s really treat their entrepreneurs and whether it’s really as easy as everyone makes out. The Funded is a useful site for anyone that is looking to raise funds from venture capital companies. There are a number of posts that allow you to find out what various people think about their experiences with the VC Company, and whether or not they suggest you choose them.

• Find out about experiences with various Venture Capital Firms
• Anonymously share experiences with other entrepreneurs
• Search for various funds and check their status
• RSS feeds to keep you up to date

http://www.thefunded.com/