The Green Knight: Startups Should Never Pay to Pitch
An excellent post from my friend and fellow entrepreneur, Bryan Hassin: The Green Knight: Startups Should Never Pay to Pitch.
An excerpt:
These pay-to-pitch scams start off innocently enough. There is often no mention of a fee up front. Then, if you “apply” (a classic sales/manipulation trick: making YOU apply to THEM so that you want them to take your money in order for you not to feel rejected), you make it to the “next round,” and then they casually drop the bomb that, oh by the way, there will be a fee of several thousand dollars to present.
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Kraettli Lawrence Epperson
Managing Director at JumpPhase Ventures
This blog is dedicated to providing advice, tools and encouragement from one entrepreneur to another.
I want to keep this practical and accessible for the new entrepreneur while also providing enough sophistication and depth to prove useful to the successful serial entrepreneur.
My target rests somewhere between the garage and the board room, where the work gets done and the hockey stick emerges.
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