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Are DEMO conferences worth it for entrepreneurs?

I've seen DEMO charges a substantial fee to entrepreneurs in order to pitch at their conference. Is this normal and does any of you have any experience?


4 Replies

Chris Hote
1
0
Chris Hote Advisor
Board Member at FACCNE - French American Chamber of Commerce, New England
I think it is worth paying the fees if your products may be sold on the spot or if the conference actually gathers qualified buyers.
Martin Omansky
2
0
Martin Omansky Entrepreneur
Independent Venture Capital & Private Equity Professional
I have attended and been a panelist at many pitch contests. It seems there is a pitch contest every night around here. If I were a presenter, I would not pay a nickel to anybody who sponsors such events - except that sometimes the organizers provide a nice lunch or dinner, in which case everybody - attendees and presenters - pay something.
David C. MSE
2
0
David C. MSE Entrepreneur
CEO at Business Development
I have never attended one, but in general my rule of thumb is to not pay anyone to review anything. In most industries these "pay for pitches" conferences are more of a suckers paradise than anything. Not saying some decent people may not show up. But if "substantial" equals anything over about $30, personally I would not do it. And I would only do $30 if the meal was worth it. But thats my perspective and opinion which is subjective. You can pitch to anyone you set out to if you know how to write and communicate. This is the age of instant connection and information.
David Austin
1
0
David Austin Entrepreneur
Entrepreneur
Unless they're providing value other than a chance to pitch then to me pay to play suggests they don't have the capital they pretend to have. It means they're also not thoughtful or supportive of the bootstrapping sacrifices most entrepreneurs make.
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