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Ben - [C/x]
@benersing
Year 2 of the Farcon Scholarship Program DC me if interested. 1. $100.00 for pitchdeck review + live pitch feedback. 2. Max 5. 3. 100% ($500) goes to Farcon Scholarships stewarded by /purple, the OG Farcaster community DAO.
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Zach
@zd
I love the idea of sponsoring trips to Farcon, but I would *never* pay anyone for pitch deck feedback or pitch review. IMO that’s something that should be done out of good faith, or not at all.
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Ben - [C/x]
@benersing
So don't do it?
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Zach
@zd
Correct. I would *much* rather give $100 to Purple no questions asked without a VC in the middle trying to source deals from it.
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Ben - [C/x]
@benersing
So do that. My fund doesn't invest in web3, so…..
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Zach
@zd
Ok, I will - @ccarella plz send me the Purple address so I can contribute $100 for Farcon scholarships :) Ben, regardless of your fund’s thesis, you should know it’s bad practice to charge for pitch review. Easiest way to get on a founder’s blacklist. Instead, separate the actions; you can offer free pitch review *and also* give money to support Purple. Just do that separately and avoid the confusion. I shouldn’t need to send you money and trust that it gets forwarded to Purple. I can do that myself, and I will.
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Ben - [C/x]
@benersing
1. Yes I agree, accepting money from a founder looking to pitch me as a potential investor, would be 100% inappropriate and unethical. 2. Offering my time/experience in exchange for a donation to a good cause is entirely appropriate. 3. I said nothing about accepting any cash myself.
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Zach
@zd
Why should someone send you money (and trust that you’ll forward it to Purple) when they can send it to Purple themselves?
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Ben - [C/x]
@benersing
See #3, they shouldn't and they wouldn't. Good clarification though. The donation goes direct to purple.
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