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Angel group charges fees to pitch, blocks me on LinkedIn when I say it's not OK

4 pointsby alexanderlabrieover 5 years ago
Just a reminder to all entrepreneurs out there to never, ever pay fees to pitch. Jason Calacanis said it best: https:&#x2F;&#x2F;calacanis.com&#x2F;2009&#x2F;10&#x2F;09&#x2F;why-startups-shouldnt-have-to-pay-to-pitch-angel-investors&#x2F;. Additionally, any entrepreneur who accepts to pay a fee normalizes the practice, making it harder for those who are earlier in their startup journey.<p>It&#x27;s in investors&#x27; best interest to condemn the practice as well. It severs the trust between entrepreneurs and investors--big time. It makes bootstrapping a much more enviable path by comparison.<p>Shape your business so that funding is a plus rather than a need if you can, know your worth, and stand up with your fellow entrepreneurs when faced with such inappropriate requests.

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