Jason Calacanis lets it all loose at FounderShowcase + Elon Musk

http://go.danielodio.com/foundershowcase

by danielodio • 16 years ago

18 7 16 years ago

go.danielodio.com

alain94040• 16 years ago

This was the best founder showcase that I have attended. Plus, the quality of the companies pitching has gone up and up. Very, very strong.

[of course I'm biased but it's true anyway :-)]

cliffchang• 16 years ago

Can somebody summarize what he "lets it all loose" about? I am too lazy to invest the time in watching a video unless I have a vague sketch that it will actually be something I'm interested in.

dschobel• 16 years ago

I watched the first 10 minutes of Jason's speech and he talks about how broken the VC system was with the "pay to pitch" schemes and how he publicly increased pressure on those events until he finally started his open angel forum as an alternative.

Jason proceeds to give advice on how to get visibility with VCs, having an active and consistent twitter, blog etc presence. He then used a term I had never heard before, "FOFing" for "friend of a friend"ing as a tactic to gain access to VCs.

Then I remembered I hate sycophants and stopped watching.

ohashi2• 16 years ago

Talks about a VC who wasn't comfortable with his valuation so he cancelled while he was on the way. He went to their office anyways.

He curses a lot while he tells this. Says he will tell everyone never to do business with you. Says you have to have a gangster attitude to deal with them.

Go with Angels, they want to win. A few VCs are assholes and want to win, that's who you want.

Be firm, honest and lie (when trying to get someone to say yes/no to investing)

c1sc0• 16 years ago

Makes me wonder if a good video transcription / summarization service would be something people like you'd pay for. Something like squeezedbooks for movies.

mahmud• 16 years ago

Nothing motivates a "free clone of X" like paid service X.

ohashi2• 16 years ago

How to meet angels:

Email them what you've done, not what you will do

-Have Product Built

-Be Brief

-Send them a URL

If you still cannot contact them:

-Make yourself an expert in a niche

-Comment on other companies, some they have invested in

Becoming a friend of a friend

Jason Calacanis lets it all loose at FounderShowcase + Elon Musk

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