Tag

Pay-to-pitch

We don’t charge companies to present at VCIR

There’s been an extremely lively debate online over the last few months about the practice of charging entrepreneurs to present to VCs. You can see my post on that subject here, one from my partner Jason Mendelson over on peHUB here, Jason Calicanis’ very popular post on the subject here (and a quick search on…

Revolutionary Angels – Round II

Online technology magazine Xconomy wrote an article yesterday that focused on the controversy surrounding Boston based Revolutionary Angels – the angel group that is sponsoring a business plan competition in which companies are charged a $4,995 “entry fee” and vie for a $250k investment from the group. I wrote extensively last week about my distaste…

$5k to pitch your business? Who falls for this??

The NY Times is reporting today on the question of entrepreneurs paying to pitch their companies to prospective investors – “Should Start-Ups Pay to Pitch?”. Highlighted in the piece is a Boston-based group – Revolutionary Angels – that charges companies $4,995 to enter their “business plan competition” (the winner of the competition receives an investment…