DEMO's Chris Shipley wonders why; the answer was posted last April

Link to DEMO's Chris Shipley wonders why; the answer was posted last April

The DEMO conference has long been part of the VC-backed startup scene:

DEMO is the premier launch venue for new products, technologies and companies. For more than 18 years, DEMO has established a reputation for identifying and presenting to an elite audience the products most likely to have a significant impact on the marketplace and market trends in the coming year. Each product is carefully screened and selected by DEMO's Executive Producer, Chris Shipley, one of the top trend spotters in the personal technology product industry. DEMO is held two times a year; one in February, and one in September.

We covered it last September: Which DEMO companies have blogs?

This year, the second annual TechCrunch50 conference is running at the same time (Sept. 8-10) as DEMO fall (Sept. 7-9). Chris Morrison of VentureBeat has some details.

But let's go straight to Chris Shipley's blog post at The Guidewire.

A year or so ago, TechCrunch set its sites on DEMO and has been lobbing missiles our way ever since. Why? Honestly, I don’t know.

Honestly? Jason Calacanis spelled it out quite clearly on April 30, 2007:

Mike and I started the TechCrunch40 conference in large part to fight the trend of DEMO-style conferences for sticking it to startup companies by making them pay $18.5k for six minutes on stage--SIX MINUTES!!! Over three thousand dollars a minute. I still can't get my head around that number.
...
Are these companies being forced to pay? No. However, I believe that the trend was moving to pay for play and I'm really excited that the trend is now swinging back to the entrepreneur. In fact nothing would please me more then being part of the trend that shutdown the concept of startups paying to present on stage. ....

This is nothing personal against the folks who run the other trade shows. I know the folks ... and I think they are very smart, nice people.

Back to Chris Shipley:

For us, it’s about the entrepreneur. He or she comes first.

Er, no. The $18,500 comes first. Sure, that's a drop in the bucket for a VC-backed startup. But it's serious money for a bootstrapped entrepreneur. The DEMO conference is an established and (probably) very profitable business. Why should a competitor step aside when they can be successful by shrinking the market:

We love investing in technologies and business models that are able to shrink existing markets. If your company can take $5 of revenue from a competitor for every $1 you earn – let's talk!

(That's Josh Kopelman of First Round Capital in 2006.)

2 comments, 1 trackback (URL)
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Comments
Chris Shipley on April 03, 2008 at 3:59 a.m.
I'll not repeat myself here, but did respond on The Guidewire to your erroneous assumption about DEMO's priorities.

I think, though, that you've fallen for rhetoric that doesn't hold up. Entrepreneurs "pay-to-play" at Jason's event. They may not pay as much, but they pay. And that's okay. They have a different business model and a different value proposition.

DEMO is not asking TC to "step aside," even as TC has declared that "DEMO must die." Makes me wonder who is intimidated by whose business model.
Mike on April 03, 2008 at 4:51 a.m.
Hi Scott, I just took a quick look at why your post didn't register to a trackback in the Guidewire blog, and I think wordpress requires you to use the proper trackback url format to recognize the trackback, so try:

http://guidewiregroup.wordpress.com/2008/04/02/imitation-is-flattery-or-just-bad-for-entrepreneurs/trackback/
Trackbacks
Zygos Community Links on April 03, 2008 at 6:48 a.m.
Announcing The TechCrunch50 Conference: September 8-10, San Francisco: Mark your calendars for the second annual TechCrunch launch conference, co-produced between TechCrunch and Jason Calacanis: TechCrunch50 at the San Francisco Design Center on September 8-10, 2008. Like last year at TechCrunch40 (except there will be ten more...
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