EFactor.com - Joining Investors and Entrepreneurs

E.Factor is a brand new social network founded by and geared for investors and entrepreneurs. The network connects like minded entrepreneurial types from all around the world. Currently it’s got more than 47,000 members from over 60 countries who have joined within a mere three months. Unlike others in the market, E.Factor actually offers its premium members health insurance or a 401k plan. It’s got business lounges around the world and multilingual homepages for members around the world. Beyond all that, E.Factor aims to connect investors with business innovators; to this end the site offers communication tools, startup promotions and funding solicitations. There’s a marketplace, with books, gadgets and products for sale. Also included is a graffitiwall for members to communicate; soon there will be chat, audio and picture functionality. In the finance corner you’ll find advice for entrepreneurs about securing financing, along with forums and funding request posts. Members do have to pay premium fees, along with some service fees.

“Adrie, Roeland and Marion had started work on their second book which was about Entrepreneurship (Adrie and Marion's first, The N Factor, was published earlier in 2007) and whilst writing they set up a little website where they could share info and ask for feedback by other entrepreneurs for their new book. It proved to be the beginning of something wonderful…. the E.Factor. It proved to be so interesting to share information amongst entrepreneurs, that the three founders decided to broaden the scope and use of the site to Entrepreneurs globally.”

E.Factor is a unique niche network which actually is building a solid platform to help investors and entrepreneurs get things done. The site is making real world connections, with business lounges being set up around the globe. Members also get healthcare or 401 k’s which is definitely an attractive feature.

E.factor’s visual layout could use some improvement—it has a less than modern feel. What other features are in store? How will the site keep up the quality of posts and communications?