VC Firm EDF Ventures subpoenas TheFunded to discover identity of poster

Filed as News on August 13, 2008 6:13 am

TechCrunch is reporting that venture capital firm EDF Ventures has subpoenaed VC discussion/review site TheFunded in order to discover the identity of a poster that wrote a negative review about EDF Ventures.

The negative review reads, in part:

“Worked with these people on several deals and they are to be avoided unless you are desperate. Beaus Laskey, the only honest straightforward person in the bunch, has left the firm.’”

Interestingly enough, TheFunded was designed from the beginning with this sort of legal challenge in mind. The site does not track email addresses, IP addresses, or any other identifying characteristic associated with posters & commenters.

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  1. By FundedCEO posted on August 15, 2008 at 7:01 pm
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    I have used TheFunded to give honest and blunt feedback…some good, some bad. Now I am very worried that the VC firms that I gave honest (but negative) feedback on will come after me! I am not a ‘techie’ so all this stuff about security and anonymous identities on the web goes over my head. How likely is it that anything will come of this? Should I go back in and delete all (good and bad) of my comments on TheFunded’s site?


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