• TheFunded Not Shutting Down

    Monday, March 30th, 2009

    J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

    We’re always happy to give a wide berth to people pulling April Fools pranks, but even so it’s pushing it to do it on March 27. If you go that early, you need to be side-splittingly funny or earn our disdain until we’ve forgotten all about it.

    The Funded‘s Adeo Ressi is now confirming that the shutdown notice he posted last week is part of an April Fools joke. He was unavailable for comment, he says, because he was “in remote Utah at a wedding.” Weddings are always an excuse for being offline, I guess, so we’re forgiving The Funded for going dark on the situation. And a wedding in Utah must be fascinating. But as to the hilarity of the joke itself, well that’s up to The Funded’s users to decide.

    We enjoyed last year’s April Fools joke that involved the launching of a new site that let venture capitalists review founders that pitched them (from First Round Capital).

    From: Michael Arrington
    Date: March 30, 2009 10:21:26 AM PDT
    To: Adeo Ressi
    Cc: erick schonfeld
    Subject: Re: FYI

    something funny would be nice.

    On Mar 30, 2009, at 9:28 AM, Adeo Ressi wrote:

    Erick and Michael,

    The message was a weekend prank for April Fools’s Day that was leaked to the media by Member saying that the site was shutting down “following a lawsuit.” There are no more threats than usual, and there was no mention of a lawsuit… The site is not shutting down.

    In fact, the prank notice said that we would end reviews because we concluded all investors are great. We chose the weekend because of the low traffic levels, and we thought people would laugh at the claim that all investors are great. Instead, people just assumed the worst.

    Ironically, I have been in remote Utah at a wedding, so I have not been able to send emails or update the site… An update is forthcoming, and I’ll need a better prank next year… Any ideas?

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