http://www.scottburkett.com/index.php/entrepreneurship/2009-10-09/calacanis-on-paying-to-pitch.html Blogging, opining, ruminating, and pontificating on entrepreneurship, venture capital, process improvement, technology, online communities, business networking, IT Management, online social networking, and other things that melt in the warm Atlanta sun. Mon, 15 Feb 2010 01:53:34 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.scottburkett.com/index.php/entrepreneurship/2009-10-09/calacanis-on-paying-to-pitch.html/comment-page-1#comment-139071 scott edward walker Tue, 13 Oct 2009 15:23:00 +0000 http://www.scottburkett.com/?p=1059#comment-139071 As a corporate attorney representing entrepreneurs, I generally agree in principle with Jason’s position that it is “inappropriate and predatory” for angel groups to charge entrepreneurs fees to pitch them; however, I think it is important to distinguish among the different angel groups and their respective practices. Indeed, if (i) the fees are reasonable/de minimis and are adequately disclosed and (ii) the angel group is providing a legitimate service to entrepreneurs, there may be compelling reasons to support such a fee-based service. That’s why I have strongly recommended in my recent blog post (see http://bit.ly/hAYeu) that Jason Calacanis and John Dilts (the founder and President of Maverick Angels, LLC and an attorney) meet face-to-face and have a live debate (in the great American tradition), which can be shown on the web to all interested parties via Ustream. Many thanks. As a corporate attorney representing entrepreneurs, I generally agree in principle with Jason’s position that it is “inappropriate and predatory” for angel groups to charge entrepreneurs fees to pitch them; however, I think it is important to distinguish among the different angel groups and their respective practices. Indeed, if (i) the fees are reasonable/de minimis and are adequately disclosed and (ii) the angel group is providing a legitimate service to entrepreneurs, there may be compelling reasons to support such a fee-based service. That’s why I have strongly recommended in my recent blog post (see http://bit.ly/hAYeu) that Jason Calacanis and John Dilts (the founder and President of Maverick Angels, LLC and an attorney) meet face-to-face and have a live debate (in the great American tradition), which can be shown on the web to all interested parties via Ustream. Many thanks.

]]> http://www.scottburkett.com/index.php/entrepreneurship/2009-10-09/calacanis-on-paying-to-pitch.html/comment-page-1#comment-138732 Mike Sat, 10 Oct 2009 02:22:50 +0000 http://www.scottburkett.com/?p=1059#comment-138732 I loved the post too. Sadly, we have been unable to stamp out the pay-to-pitch model in Atlanta, (although I think we have undermined it) and that post is a nice reminder that we need to be vigilant, and we need to constantly be seeking opportunities to steer potential users of such groups to more legitimate (and *free*) capital raising methods. I loved the post too. Sadly, we have been unable to stamp out the pay-to-pitch model in Atlanta, (although I think we have undermined it) and that post is a nice reminder that we need to be vigilant, and we need to constantly be seeking opportunities to steer potential users of such groups to more legitimate (and *free*) capital raising methods.

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