Jason Calacanis Goes Techcrunch50-wild on uStream

Jason Calacanis, CEO of Mahalo and cofounder of the Techcrunch50 (formerly Techcrunch40) event where startup companies are given an opportunity to pitch their ideas and potentially get funded, lashed out at rival DEMO that offers a similar venue but at the cost of $18,000 for companies accepted into the program.

I regret not catching all of the rant, and he didn’t record it, but I think it’s notable to share his message with the DEMO folks (and you). The DEMO model is a travesty for any company that is not already well connected and can afford $18k. It is the ultimate in class warfare and does not give legitimate opportunity for great ideas to rise to the top and be funded.

Published by Aaron Brazell

Aaron Brazell is a Baltimore, MD-based WordPress developer, A Backend Developer . at Modern Tribe, a co-founder at WP Engine, WordPress core contributor and author. He wrote the book WordPress Bible and has been publishing on the web since 2000. You can follow him on Twitter, on his personal blog and view his photography at The Aperture Filter.