TechCrunch50: You Want Advertising? We’ll Give You Advertising

Re: TechCrunch50: You Want Advertising? We’ll Give You Adve... by thorax on Saturday July 04, 2009 @12:18AM (#686896)

> And, of course, the big gaping hole in that argument is that if you can effectively raise money to participate in DEMO, then you don't need DEMO's help with raising money.

That sounds a bit like a reflexive argument to my comment.

Conferences aside and all other things being equal-- if you were an investor, would you rather put your money in a team you know can already raise $20,000 if they need it versus someone with unknown skills/means in that area?

Surely it's not a negative. You know the old adage that most investors are happy to invest in companies that don't really need their money.

But of course, just because a company can raise $20k doesn't mean they don't need "real" money-- which is surely why they got the initial funds so they could demo and raise more.

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Re: TechCrunch50: You Want Advertising? We’ll Give You Adve... by SwellJoe on Saturday July 04, 2009 @01:58AM (#686938)

Sure. I think your devil's advocate positions were quite well-reasoned. I'm just returning the favor. A few companies I respect have done DEMO. I don't think they're idiots, just because they wasted $20k on DEMO. Everybody makes mistakes. But, I really don't think I'd be willing to sit through that particular dog and pony show, if I were an investor.

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