Home > Uncategorized > TheFunded Respects Its Users

TheFunded Respects Its Users

August 12th, 2008

According to a blog post by Jason Kincaid at Techcrunch, the VC firm ratings site, TheFunded, is being sued by a VC firm that received a bad review by an anonymous reviewer. According to Jason

There are a lot of VCs who hate TheFunded for exposing character flaws, and posting term sheets.

Jason also quotes a response from TheFunded’s founder Adeo Ressi

When TheFunded was conceived, we understood that some investors might attempt to take legal action against the views of entrepreneurs. In order to prevent this form of censorship, TheFunded has been carefully designed and takes extensive measures to protect the anonymity all those who share their opinions on the fundraising experience. TheFunded does not store IP addresses, email addresses, or any other personal information associated with a Member account in any database or any file system operated by the company.

This is exactly what every company should be doing. If you must have a member directory, save an email address with permission. I have written about this previously when speaking about Google but this approach applies to all websites. TheFunded has respected its users and allowed them to truly stay anonymous even on the company servers. I commend you Mr. Ressi for your restraint when it comes to collecting your users’ information. We should all reward companies that choose this route to protect their users. I smell a trend. Which companies out there can claim that their users are “Truly Anonymous?”

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Ely Rosenstock

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