The Funded Opens Individual VC Ratings to Public View

Gossip and the inside dope are hard to resist—especially when they pertain to people who might hold your company’s fate in the palm of their hands. So, when you think about it, it was only a matter of time before the controversial website TheFunded opened up its venture capitalist ratings to more widespread view. The site, which has provoked a range of reactions from investors (see for example this post by venture capitalist and Xconomist Daphne Zohar and the comments that follow), was already well known for publishing entrepreneurs’ ratings of venture firms. But what you might not have known is that individual VCs were also scored. Those ratings were just kept behind the scenes, for members-only viewing. (You cannot be a member if you’re associated with a venture firm, and only members are allowed to give scores or comments.)

That all changed as of yesterday, when TheFunded opened its individual VC scores to public view, alongside its fund ratings. Investors are scored on a scale of 1 to 5, with the higher the number the better.

According to its website, TheFunded now contains profiles of some 3,700 funds and 17,000 venture partners, associates, and others. But not many folks who have received more than one or two votes average over 4, from what I can tell. So even a score in the mid-threes is pretty good. (One of the criticisms of TheFunded is that a few malcontents can totally skew the data.)

Of those receiving more than 10 votes, the highest-ranking fund based solely in New England* seems to be Spark Capital of Boston, which received a 3.5 rating. The highest-rated partner at Spark is co-founder Todd Dagres, who has pulled in a 3.8 (from four votes). The only Spark partner under a 3.0 ranking is Santo Politi, another co-founder who has garnered a 2.9 based on eight votes. Bijan Sabet, who has pushed hard to get rid of non-competes, comes in at 3.5, also based on eight votes.

The lowest ranked New England fund—again of those with 10 or more votes—is North Bridge Venture Partners, with a 2.3 (it got slammed on favorable deal terms). Individuals at the firm do pretty well, though, especially Rich D’Amore who after three votes has a perfect 5.0 score.

*Kepha Partners of Waltham, MA, doesn’t appear when I screen for East Coast funds, yet when I search on it individually it shows a 4.0 rating based on 18 votes. Kepha’s absence from the East Coast list could have something to do with the warning that appears: “TheFunded.com algorithm has detected unusual review activity with this particular fund. Readers are advised to review information presented with caution.”

Author: Robert Buderi

Bob is Xconomy's founder and chairman. He is one of the country's foremost journalists covering business and technology. As a noted author and magazine editor, he is a sought-after commentator on innovation and global competitiveness. Before taking his most recent position as a research fellow in MIT's Center for International Studies, Bob served as Editor in Chief of MIT's Technology Review, then a 10-times-a-year publication with a circulation of 315,000. Bob led the magazine to numerous editorial and design awards and oversaw its expansion into three foreign editions, electronic newsletters, and highly successful conferences. As BusinessWeek's technology editor, he shared in the 1992 National Magazine Award for The Quality Imperative. Bob is the author of four books about technology and innovation. Naval Innovation for the 21st Century (2013) is a post-Cold War account of the Office of Naval Research. Guanxi (2006) focuses on Microsoft's Beijing research lab as a metaphor for global competitiveness. Engines of Tomorrow (2000) describes the evolution of corporate research. The Invention That Changed the World (1996) covered a secret lab at MIT during WWII. Bob served on the Council on Competitiveness-sponsored National Innovation Initiative and is an advisor to the Draper Prize Nominating Committee. He has been a regular guest of CNBC's Strategy Session and has spoken about innovation at many venues, including the Business Council, Amazon, eBay, Google, IBM, and Microsoft.