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Should you pay to present to investors?
I'm trying to present my product (www.formlis.com) to investors. I'm in Calgary and the only places I've found (Alberta Deal Generator & Venture Alberta) charge fees: $1,500 and $2,000 respectively.
I understand that investor time is valuable, but is this standard practice?
- Spoutingshite 16y agoPay to pitch events are evil, they are a business source for the event management team and add no value to the entrepreneur or the investor as there is no filter on quality....the best way to run pitch events is for the event management team to engage with entrepreneurs and to filter on quality.... They can't be invcentivised by entrance fees!!!
- tsally 16y agoIt's not standard practice at all. Never pay to pitch. http://eu.techcrunch.com/2009/10/21/heres-how-to-meet-a-vc-hint-not-by-paying-to-pitch/ http://eu.techcrunch.com/2009/10/21/heres-how-to-meet-a-vc-h...
- warrenwilkinson 16y agoThanks for the quick responses, I had doubts that payment would lead to meeting real investors. Its disheartening to find places that advertise to help you, and then at the last page of the sign up mention enormous fees. I'll have to work other connections then. Thank you very much.