In the past, Michael Fertik was able to raise $87.3 million by approaching practically every venture capitalist in Silicon Valley. Our sources claim that Reputation.com is currently having issues raising funds because there’s nothing left to give.
That said, our sources claim that Joe Fuca announced he was going to raise $150 million. Allegedly there are rumors that he has a commitment for $20 million, but it hasn’t been made official with an announcement as of the time of this writing.
Final thoughts
As of this time, it’s difficult to ascertain what the future holds for Reputation.com. Helmed by a new CEO, but having lost many members of its senior staff, one thing can be said for certain – Reputation.com will likely be undergoing significant changes sometime in the future. We can only watch and wait to see what develops.
