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SOURCES: Keiretsu Forum changing its pay-for-play policies! Have we won already!?! (updated!)
Source: The Jason Calacanis Weblog
Oct 19, 2009


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Just got this in… breaking!

best, Jason

================
Jason,

I thought you might be interested to know that I received an email from one
of the Keiretsu chapters [REMOVED] stating that they were changing their
policy on presentation fees and that for the time being are waiving all
presentation fees for “true startups”.

We are a [REMOVED NAME OF INCUBATOR] company and I was introduced to
the local Keiretsu
chapter through one channel or another. At the time I was not aware (or let
it get right past me) that there was a fee to present until we had been
asked to come in to the screening. When I told them we would not
pay they reassured me that the screening was free and that we could discuss
fees if we were invited to present to the forum. I figured it was a decent
opportunity for pitch practice and used it as such. And with all the hubbub
going on, I wanted to see the ugly underbelly. Well of course we were
selected (because we kick ass) and when I again told them no pay to play for
us, they informed me that they are changing their policy and that for the
ti

...Read the full article

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