4 ms·
If an entrepreneur isn’t willing to fork over $10K to pitch their revolutionary business idea, I would start to doubt how truly revolutionary their idea is. Is
by chaosprophet 17y ago
If an entrepreneur isn’t willing to fork over $10K to pitch their revolutionary business idea, I would start to doubt how truly revolutionary their idea is.
Is this guy an angel??? If he is, I doubt he's going to see (m)any good ideas. As for the rest of his arguments, they are all as much crap as this one.
EDIT: Point by Point rebuttal:
1. You'll be surprised how many guys with good ideas lack either the willingness or the ability to pony up $10K for 15 minutes of an angel's time.
2. You won't really be seeing the cream of the crop. They would have already denounced you as worthless and moved on. You'll only be seeing those who don't mind ponying up the dough.
3. Okay, now this one is really stupid. If you can't tell the difference between a guy who's looking to make a quick buck on someone else' money and a guy who genuinely has a good startup idea, then you have no business being an angel.