youngStartup Ventures – Pretangel Alert
I just received a LinkedIn invite from Alan Levinson of youngStartup Ventures:
Hi Glen- wanted to know if you’re seeking venture funding.
If so, let me know if you’d like details about applying to present as one of the Top Innovators at The 2018 New York Venture Summit on July 10th & 11th at Convene.
Email DesperateStupidFounder@youngstartup.com for more info.
When I got this message, I went through the following thought process:
- Does this clown read? Can’t he tell that I’m not likely to be raising money and if I tried, no one would fund me?
- Then I thought, I love New York, maybe I should apply to speak at the conference.
- Wait… what kind of legitimate Venture company sends spam mail?
- Then I said to myself, “Hey Mr. Cranky, what would you ask other’s to do if they got a message like this. Answer: google them. youngStartup Ventures should be listed in my post about pretangels.
Then I responded to Alan Levinson:
Let me know when you realize you should be ashamed of yourself.
And I sent him a link to the first article listed below. Here are the interesting articles I found on the scamming pay-to-play pretangels, known as youngStartup Ventures:
- Startup snake oil: Scamming early-stage entrepreneurs, Pando by By Philip Beauregard, written on November 4, 2013. Philip identifies youngStartup Ventures as a pay-t0-play sam.
- Anyone heard of or been to Venture Summit?, Question posted on Cofounder’s Lab posted by Paul Loeb on February 29, 2016. This post, someone from youngStartup Ventures named Josh, seemed to have responded aggressively and then his post was deleted but the responses to Josh and Paul are interesting.
- Jason Calacanis Drops The Hammer on YoungStartups for Charging Fees to Present @jason – a blog post by Ryan Born.
Surprisingly… Mr. Levinson did not respond. #sadface
Here’s the thing folks!
No smart, legitimate investor will go to an event where the founder was so imprudent with their money, so lacking of hustle, that they would spend valuable capital to get in front of an investor. If you’re so lazy, so inept, and your company such a pile of turds that the only way you think you can get noticed by an investor is to light $1500 on fire, you’re not worthy of an investment.
Pay-to-play pitching is s fool’s errand.
Scam artist vultures like youngStartup Ventures are predators… pretangels. They are scum that takes advantage of the hopes, naivete, and desperation of startup founders whose dreams are evaporating. They are as bad as Valerie Gaydos and her phony Angel Investor Forum or Jason Feimster and his bogus 3Si.
Oh, and by the way, Alan Levinson and you scumbags at youngStartup Ventures, I hope this post doesn’t exclude me from consideration to speak at your event. Can I speak there? Huh? Plesssaaaassseeeeeee!
UPDATE: February 20, 2019 – Telling Young Startup Ventures that you know they are full of shit seems to be a great strategy. Because they have dropped me from their spam list. Check out this poor guy from a complaint lodged against the scumbags at Young Startup Ventures on the Better Business Bureau.
Since 2016, I have 9 direct messages via email and LinkedIn from youngStartup Ventures. I hve requested 5 times to be unsubscribed from their messages. In spite of acknowledging 2 of those requests, the group continues to contact me. 3.***16: 1st email from youngStartup Ventures advertising healthcare event; 1st request to be unsubscribed; 2nd email from youngStartup Ventures advertising healthcare event 3.**.16: 3rd email from youngStartup Ventures advertising healthcare event; 4th email from youngStartup Ventures advertising healthcare event; 2nd request to be unsubscribed; Request acknowledged and unsubscribe request forwarded 3.**.16: 1st email from youngStartup Ventures advertising NY venture event 5.**.17: 2nd email from youngStartup Ventures advertising NY venture event 5.**.17: 3rd email from youngStartup Ventures advertising NY venture event 5.**.17: 3rd request to be unsubscribed 6.*.17: 4th email from youngStartup Ventures advertising NY venture event; 4th request to be unsubscribed; Request acknowledged and unsubscribe request forwarded 6.**.17: LinkedIn message from youngStartup Ventures advertising NY venture event; 5th request to be unsubscribed