TheFunded.com Open Letter
Posted by Anonymous on 2012-08-17
In what other industry can you pay $80 to attend a pitch event, pitch your business, and then be told your pitch is the worst one they've ever heard? (nevermind that I took first place of 10 companies 2 days prior with the same pitch)
Now it's just getting rude. But I got thinking about it - what is the agenda behind someone saying it's the worst they've heard? Ok, SHE is a judge (strike one - a woman VC has to prove she's smarter than everyone else in the room - be careful with them). As a judge, she can tell me where I need to improve, etc. However, by judging it as the 'worst' she's ever heard, doesn't that say something about her? Is she trying too hard? Is she trying to prove something? How is that helpful feedback from a professional?
The funny thing about the evening is that it didn't matter anyway - the 2 intelligent people in the room that I WANTED to talk to "got it" and I got meetings with them. So the joke is on them and their little pitching competition. Laugh at me, but I got through to the ones I needed to.
I'm damn near on the verge of crowdfunding this business. I think I want to start a massive grass roots campaign to get this funded and get some attention. If only I knew how to make something viral and get the whole country behind it. I still think I'd be better off trying to make that happen than trying to raise money from "the valley".