TheFunded Exposes Deal Terms, Including Dreaded Liquidation Preference

TheFunded, the site that lets entrepreneurs rate venture capitalists, has just unveiled a new feature that could bring a whole new level of transparency to the cloaked world of financing deals. It now lets entrepreneurs submit the terms of their funding deals to the site, so that other entrepreneurs can see them–and make sure they’re not getting a raw deal for their own company. Until now, this sort of resource hasn’t been made available. VentureBeat got an early look at the new feature yesterday.

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