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So, then, how does openangelforum do it for free?
by aditya 16y ago
So, then, how does openangelforum do it for free?
- Alex3917 16y agoThey are charging service provides (lawyers, recruiters, etc.) $1500 to attend. So why is it wrong to charge startups $1500 for the chance at getting funding, whereas it's perfectly ok to charge lawyers $1500 for the chance of landing a client? Also, have you ever actually hosted a conference? Getting this many people in a room is a full time job that takes months, in addition to monetary costs. The idea that other people should be obligated to work for you for free is ridiculous.
- deleted 16y ago[deleted]
- rpledge 16y agoThe point here is that service providers (lawyers, etc...) have money and will profit from connections with entrepreneurs. The startups are trying to raise money so charging them for the privilege is wrong. The organizers of these conferences that charge are exploiting people who desperately want to fulfil their dreams.
- bgoodman 16y agoexploiting people? r u kidding me? are you a socialist? shoudl lawayers offer their services to startups for free? shoudl a VC offer startups money for no equity? should your landlord offer you free office space? What a bunch of nonsense! is this Jason CalicANUS?
- jasonmcalacanis 16y ago1. I paid for it out of my pocket to start. So, I lost money on the event at the start with the hope to start making money off the angel investing I do in the companies. Basically it was my way to get deal flow. 2. We started getting 2-4 lawyers, accountants, etc. to pay $1,500 to come to the event. Each event cost $2-5k to run.. so this made the events breakeven. 3. WE just got two $50,000 a YEAR national partners (sponsors), and that has helped us hire a General Manager that starts on May 1st. IT will help us get to 10 cities in 2010. Up next: Boston, Seattle, Austin, DC, Shanghai, Hong Kong, Tel Aviv and London (five of those).