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August 13, 2008

VC Firm EDF Ventures subpoenas TheFunded to discover identity of poster

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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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