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by abstein2 4272 days ago
It's also invaluable to be able to stand in front of a group of people (whether VCs, the press, other startups) and be able to clearly communicate what your startup does.

Viewing Demo Day as a tool that's only useful if you're fundraising on the back of it is incredibly shortsighted.
1 comments
korzun 4271 days ago
That's not my point. There is no need for this to be mandatory. When company is ready they should be able to present at another demo day, etc.

I also think the founders know better where the time needs to be spend and at what stage they should focus on PR.

Cookie cutter approach does not work for everybody.

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abstein2 4271 days ago
> I also think the founders know better where the time needs to be spend and at what stage they should focus on PR.

If that were the case then accelerators wouldn't exist and the "national rate of failure for startups" wouldn't be 75 to 90%.

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