Why is Adeo Ressi smilling? The serial entrepreneur, now CEO of Game Trust, has pulled one over Sand Hill Road. Through a forwarded Skype phone line, Gmail account, and proxy-registered domain name, he's hidden his secret identity as "Ted," the creator of VC-ratings discussion board TheFunded.com. Now, at a time of his own choosing, staged in sync with a Wired profile, Ressi has outed himself. Which tells us one thing: He's much, much smarter than Fake Steve Jobs blogtard Dan Lyons.

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