Michigan-based venture capital firm EDF Ventures earlier this week had a subpoena served on Adeo Ressi, founder and chief poobah of TheFunded.com. They’d actually been trying to do so for weeks, but Ressi was in
The purpose was to learn the identity of an entrepreneur who left a particularly unflattering comment about EDF on TheFunded — a website that lets entrepreneurs rate venture capitalists. Seems EDF wants to pursue legal actual against the entrepreneur, but first needs to know who it is.
Unfortunately, EDF didn’t do its homework. TheFunded does not have any record of members’ real names, nor does it track IP addresses. This fact was reported extensively last fall – including here – after a bunch of us got a peak at the site’s back-end during Ressi’s coming out party.