Either this site is by invitation only and doesn't advertise broadly and their approach is fine as they can do whatever they want with their data or it uses the sensational effect of the comments to attract people and they have to give some level of control or elementary right of responses to the people who are being chastised publicly.

shame shame shame EDF …..

Every post, including the post in question about EDF Ventures, is discussed and debated in secret by the Members, exposing both positive and negative opinions that are not available for the public to see. Over 60% of the comments viewable by the public are positive.

It is probably a good thing that investors have wide array of poorly informed misconceptions about what is actually happening on the site. To judge TheFunded.com by the 30% of content available as a preview for non-Members is truly judging a book by its cover. For example, one of the pieces of Feedback to the “Avoid” post on EDF Ventures is:

“This is one of the few VC who actually said outloud “you may not need VC funding, it may be wrong for your company” They also stated clearly how much the VC want when they invest and fund your company. This was clear and honest. They have been around with a good reputaion and I would take them very seriously.”

The fact that most people have no idea what is being discussed makes the data in aggregate more accurate. Nobody needs to prove anything, and nobody cares to grind an ax. They just express their opinion.