I just read Jason Calacanis’ post about angel investors who are charging to have startups pitch them.
That’s totally ridiculous.
I NEVER charge for pitches and NEVER charge to interview startups or people for my video show or to get on building43. I don’t even ask if you are a Rackspace customer. It’s totally ridiculous that such a system exists.
I’ve never heard of such a thing amongst the Silicon Valley angel networks or investors. Might explain why so many companies come here to start up.
Right on Jason for pointing a light on this practice.