Welcome to the “Class F” stock, to protect you against greedy VCs

Welcome to the “Class F” stock, to protect you against greedy VCs

TheFunded.com, a site that lets entrepreneurs rate venture capitalists, has released documentation for a new class of common stock called “Class F,” which it says entrepreneurs can use to give them more control versus the venture capitalists who invest in them.

Working closely with an attorney… Continue Reading

The Funded rates individual VCs — now the heat is really on

The Funded rates individual VCs — now the heat is really on

Venture capitalists were already upset by The Funded, a site that lets entrepreneurs rate venture capital firms. Entrepreneurs have left nasty remarks on the the site about firms, which distressed some VCs so much that at least a few have threatened lawsuits to try to… Continue Reading

Hercules slaps The Funded with “Cease and Desist”

Hercules slaps The Funded with “Cease and Desist”

(updated with response from Hercules)
Hercules Technology, a Silicon Valley debt firm, has sent The Funded, a site that lets CEOs comment on their investors, with a “cease and desist” letter.

The letter cites a posting on The Funded that says Hercules is “horrible” and recommends that… Continue Reading