3 ms·
Very interesting advice on how to make the most of the DemoPit. It seems like a complete scam to me - anyone not accepted into TC50 is invited to pay $3,000 for
by sgrove 17y ago
Very interesting advice on how to make the most of the DemoPit. It seems like a complete scam to me - anyone not accepted into TC50 is invited to pay $3,000 for what will likely be nothing of value.
But if you take the approach this startup did, practice your pitch until it's rock-solid, then innocuously latch onto each passerby with a unique presentation, then you may actually end up with something of lasting value.
Even so, it's likely to end up a bitter disappointment for most, who I suspect are expecting much more from it.
- jasonmcalacanis 17y agoActually, a ticket to the event is $3k so we give these DemoPit tables away as a GIFT to the startups. They get a demo table for one day and TWO tickets. So, it's $6k worth of value... HOWEVER, you have to be under $500k in angel startup to get them. so it's not like IBM or Google can buy them and put out Google Maps API or something. Anyway, I understand being skeptical... the event business is filled with crooks like the DEMO conference which charge startups $5k for two minutes on stage or $20k for six minutes!!! Mike and I started TechCrunch50 to destroy DEMO and that payola model. As a four-time startup founder/CEO I HATE folks asking me to pay... i came up with the idea for TC50 and pitched it to MIke to solve this problem. all the best, Jason
- maltob 17y agoCan a Demopit company that gets the last presentation spot win th competition?