San Jose, California (PRWEB) April 26, 2007
TheFunded.com, an exclusive online destination for entrepreneurs to rate and review funding sources, announces the top five venture capital firms worldwide in celebration of breaking 500 reviews.
Each of the top five funds was carefully selected based on feedback from 422 Member entrepreneurs using three selection criteria. First, a fund needed to average a rating of above four on a one to five scale across Track Record, Operating Competence, Pitching Efficiency, Favorable Deal Terms, and Execution Assistance. Second, the fund needed to have at least five postings by the Member entrepreneurs. Lastly, the public and private written commentary needed to be generally positive.
The drum roll, please...
Number 1: InterWest Partners, Menlo Park, CA
Av Rating: 4.6 – 5 Member Posts
Snippets: “InterWest delivered more than just financing,” “Appreciate their attention to detail”
Number 2: Clearstone Venture Partners, Los Angeles, CA
Av Rating: 4.3 – 18 Member Posts
Snippets: “A refreshing firm to work with,” “Genuinely care about building great businesses”
Number 3: Bessemer Venture Partners, Wellesley Hills, MA
Av Rating: 4.2 – 10 Member Posts
Snippets: “Smart Guys, Class Act,” “Wouldn’t hesitate to pitch the firm again”
Number 4: First Round Capital, West Conshohocken, PA
Av Rating: 4.3 – 8 Member Posts
Snippets: “They are smart seed investors,” “their feedback turned out to be useful”
Number 5: Trinity Ventures, Menlo Park, CA (tie)
Av Rating: 4.1 – 13 Member Posts
Snippets: “Smart, Team Oriented, Connected,” “All Value (and) no BS”
Number 5: Sequoia Capital, Menlo Park, CA (tie)
Av Rating: 4.1 – 17 Member Posts
Snippets: “Rules the VC world,” “Have a sixth sense for the kinds of things that matter”
Venture funds that scored well while narrowly missing the top five judging criteria include Opus Capital, BA Venture Partners, Sanders Morris Harris, Accel Partners, and Index Ventures. In regional comparison statistics available on TheFunded.com, US West Coast venture capitalists are generally of the highest quality, according to the Membership. As an example, less than half of the US East Coast venture funds broke an average rating of two on the one to five scale.
TheFunded.com plans to announce the top ten funds worldwide after breaking 1,000 Member contributed reviews and ratings. Membership in TheFunded.com is reserved exclusively for entrepreneurs, and applicants are carefully screened.
TheFunded.com was launched in March 2007 to let entrepreneurs rate, review, and share experiences with venture capital sources worldwide, adding transparency to the funding process. The site was founded by entrepreneurs for entrepreneurs and is completely free. General data on funding sources is available to the public with private feedback and advice reserved for qualified entrepreneur Members. TheFunded.com is working to have all of the major funding sources worldwide reviewed with insightful feedback by the end of 2007.
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