Venture Hacks, a blog on entrepreneurship has launched what it calls the Recommended feature. Well as the name goes, the service helps the new entrepreneurs seek recommendations from people that ether know them or have used their service. Founded by Naval Ravikant and Babak Nivi, Venture Hacks plans to make the process of reference checking smoother by presenting a Twitter-like system where you can make a profile and others can follow you. There can be recommendations from people who know you.

The feature holds a lot of significance for a country like India where we have a lot of entrepreneurs working on varied products.

I personally know a lot of my friends having some really promising products, just waiting for the funding. I, on the other hand, am also aware of the VCs looking for opportunities all the while. Word of mouth is good enough, but for it to be credible it should be from a credible source. The Recommended feature is available just by invitation now. If enough relevant people sign up for the service and start putting in their recommendations, this model can be a successful starting point for anyone looking for an investment opportunity.

I am still waiting for my invitation to arrive.

(Thanks to John Philip Green, founder LearnHub.com for providing the lead about Venture Hacks Recommended )

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