Udo's Techblog

Startup mEgo can't show their stuff at DEMO, because they already did so at Techcrunch 40. And since they were disqualified, they don't get their 18000.00 USD admittance fee back.

My second thought was: they probably new the rules. My first thought, however: hang on a second! 18 thousand bucks? Startups really have to pay 18 grand for a stage appearance? How many classical garage-type developers can affort that kind of marketing? On the other hand, that explains a lot why I'm always so bored when I read about DEMO'd products. It's because they - by selection - are from venture-saturated me-too companies that don't do anything "risky". I use the term risky in irony-marks here, because we all know that 99% of those companies fail too, just on a grander scale than the garage types.

Mike, no way is a company that specializes in creating frustratingly boring avatars for social sites going to succeed.

One more thought though. So companies come in and present their stuff to a bunch of venture capitalists and business angels. In other words, poor people come to present their ideas to rich people. Why does it strike me as odd that the poor people are the ones who actually have to pay for this whole exercise?

Anyway, my prediction for DEMO: don't expect anything groundbreaking.