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TWiST Angel Showdown – Things Got Interesting!

TWiST #23 – Angel Funding Showdown

I’m assuming that’s a Halloween AK-47 Jason Calacanis is holding. The other fellow is Steve Bell (links to his take on all this). Things got a little heated today on This Week In Startups around the issue of Jason’s current beef, “Why startups shouldn’t have to pay to pitch angel investors“. Mr. Bell likened Jason’s attack on companies like Keiretsu (who Mr. Bell, an angel investor who uses Keiretsu’s services called in to defend) to ‘Jihad’. The upshot? Jason stated he would start an OpenAngelForum if Keiretsu and their ilk refuse to drop their fees. He also made what I think is a very valuable offer (paraphrasing here) – that if Keiretsu does drop their fees, Jason will support them 100%. Hmm. Having the support of Jason with all his Tech Crunch 50 experience and connections, not to mention the Jason Nation -VS.- going head to head with one of the most savvy entrepreneurs on the planet? Watching this go down live was a lot of fun. The chat room was going off.

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