It's not about being coddled, it's about exploiting entrepreneurs who are either desperate, or new to the game. We don't want to encourage that type of behavior in our community.
"entrepreneur learns that the hard way, so be it."
That attitude is like saying children should learn to look both way before crossing the street the hard way...by getting hit by a bus!
Re:Should You Pay to Pitch Your Startup?
by whenisayUH on Monday December 12, 2011 @06:14PM
(#3345477)
How is anyone being exploited? You have a choice to pitch or not. It's not blackmail. It may be foolish to pitch at these events, but as far as I know, nobody is being forced into pitching or being told "you can't research this event and our track record before signing up."
It's like a scam...no one is forcing you to be a victim of a scam, you just don't know better.
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Re:Should You Pay to Pitch Your Startup?
by whenisayUH on Monday December 12, 2011 @07:33PM
(#3345753)
"You don't know better." If an entrepreneur is that helpless, paying-to-pitch is the least of their problems.
So it's better that you get your hand in their pocket before someone smarter comes along the relieve them of that burdensome wad of seed capital?
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I'm really not sure why entrepreneurs who I'd suspect believe in free markets need to be coddled and "protected" from pay-to-pitch programs which at the end of the day are just another business - some good and some bad.
Just because you're a struggling entrepreneur doesn't mean other people shouldn't charge you or you're entitled to anything. At the end of the day, it is the entrepreneurs' choice. If you don't have the money or if the program doesn't seem legit, don't pay. And find another way to reach investors. If spending $50 or $100 gets you a credible chance at $500k of seed funding and helps accelerate your path to getting that money or getting feedback, that seems fair.
Some pay to pitch programs may add value. And some may not. If an entrepreneur learns that the hard way, so be it. Nobody ever said being an entrepreneur would be easy.