BizSugar.com › Raising Capital › Discover what VC firms are really like

This is about the guy who started TheFunded.com, a Web site that lets entrepreneurs anonymously rank, review, and post comments about venture capital firms. Not only can you use the site to find VC firms, but you'll get the inside scoop of how they'll treat you.

Here's a snippet that I really liked:

"Still, many VCs are infuriated by TheFunded. Critics say the site lets disgruntled entrepreneurs unfairly vent their frustrations behind a cloak of anonymity.

Ressi has never bent to such criticism. In fact, he's planning to go even further in exposing the inner workings of the venture world. Next week he plans to launch an addition to the site that will allow entrepreneurs to post the sensitive information contained in their venture financing offers. These contracts, most often signed with confidentiality agreements, include crucial details such as liquidation preferences and redemption rights. Ressi says the step is necessary to expose the increasingly onerous terms being written into deals. But he admits, "even my lawyers are a little nervous." "