[Virax]

This is very naive. The investor / con artist can report any attractive numbers they feel like - who is going to keep them honest?

I strongly suspect that investors who change to be pitched are in fact scam artists who do just enough investment to plausibly deny that they are in fact scam artists while taking in huge amounts of cash from ignorant start-ups and forcing the start-ups that do agree to receive investment into contracts that strongly favor the investors.

I'm sorry, but charging to pitch fails the common sense test; it is little more than a way of separating fools from their money.

[pchristensen]

In practice I fully agree. I was just playing devil's advocate describing a situation where it would be justifiable to pay to pitch. The conditions you'd have to meet would be referenceable clients, both entrepreneurs that got funding + active, known investors with a public track record.

TechCrunch50 is probably the closest to this - they get a rich pool of applicants because of the publicity + prize + success of previous winners and presenters. But they don't charge.