Several times a year a group of executives from startups do a six-minute demo of their products to an audience of venture capitalists, analysts, and journalists. This name of the event is, logically, DEMO.
It’s a great occasion—especially if you understand the dance that’s going on: Entrepreneurs acting as if they don’t need venture capital, and venture capitalists acting as if they don’t need entrepreneurs. (This is like acting prudish in a brothel.) […]