By Larry Chiang Inside of entrepreneurship there is an ecosystem that essentially, “sells hope”. The old way of thinking is “it takes money to make money”. This involves trying to “buy distribution”. For example, Finovate. If you pay the $3,995.00, they let you pitch for 6 minutes and then blog about you. It might be worth it. On the opposite end of “pay per pitch” is TechCrunch. The editors team up and filter what they think is cool. Then, they invite them. 60 companies pitch. They don’t pay. They even get a badge which allows them to attend, get full access, VIP dinners and even three full nights of after parties. Does TechCrunch make money, yes. It will be interesting to see how pay-for-play, plays out. Also, if you did pay the $4k, maybe I can help you get your ROI by making some introductions Oh. I forget. TechCrunch pays you $50k if you win ENGR145’s Anchor Concept: Lemonade and Gua Gua Guacamole It moves you to the right on the entrepreneur bell curve CEO of Duck9 Stanford University Entrepreneur in Residence, Emeritus Duck9 = “Deep Underground Credit Knowledge” 9 125 University Avenue/ 100 Palo Alto CA 94301 http://www.duck9.com/ass 650-566-9600 650-566-9696 (direct) 650-283-8008 (cell) **************** Editor of the BusinessWeek Channel “What They Don’t Teach at Business School” http://whattheydontteachyouatstanfordbusinessschool.com/blog CNN Video Channel: http://ireport.cnn.com/people/larrychiang Read my last 10 tweets at http://www.Twitter.com/LarryChiang Author, NY Times Bestseller http://whattheydontteachyouatstanfordbusinessschool.com/blog/?s=Ny+times+bestseller “What They Will NEVER Teach You at Stanford Business School” comes out 11-11-14 http://www.fastcompany.com/embed/c0d4562ea2049 52 Cards. Two Jokers. What They DO Teach You at Stanford Engineering Emergency swings and cutting deals as an 9 year old ########## Duck9 is part of UCMS Inc. http://www.ucms.com 630-705-5555