Jason Calacanis's $75,000 fib about his conference
Owen Thomas · 08/09/07 10:09AMEntrepreneurs, how stupid does Jason Calacanis think you are? Pretty stupid, apparently. We recently pointed out how he and partner Michael Arrington were going back on their word by charging startups $1,247.50 to demo at TechCrunch20. Now, Calacanis has been going around claiming that the DemoPit program "[b]asically this wipes out any profit we would have from selling those slots." Nonsense. It's hard to know where to start in debunking this notion, but let's do it by the numbers.