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Rumor News

Published: 6/26/2008 7:50:04 PM

One of the things that differentiates a database like VentureDeal from blogs is that we avoid entering information into the database that is unconfirmed.  Prior to entering a transaction into our system, we confirm that the information is valid by seeing a press release from the company, contacting the company directly or viewing the SEC filing.

While blogs perform a great service and many times are right in breaking their news stories ahead of confirmed information, we do not use them as sources of information for transactions entered into VentureDeal, because sometimes they report rumors that are unsubstantiated by the facts.

Essentially, we view blogs and databases as similar to newsstands versus libraries.  People usually go to a newsstand to get the latest and newest information that is hot off the presses, and go to libraries (or at least used to go to libraries) to research and gather data. 

VentureDeal is a research tool that allows subscribers to search, find, download and reference confirmed information about technology startups, venture capital firms and the transactions between them.  We hope you find it useful.

Don Jones

VentureDeal

 

Don Jones
CEO, VentureDeal

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