[gfavvas]

Agree with all these points, especially the adverse selection bias. Would you pay to apply for a job? Of course not.

Between incubators such as YC and others, hustling for intros, and Angel List, there's no reason ever to pay to pitch investors.

The ones charging $1,000-$8,000 are just robbing Peter to pay Paul. The more people they invite to pitch, the more money they make, a portion of which they will "invest" in the "winner."

These people are leeches leaches and need to be called out as such.