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	<title>Comments on: $50,000 Prize For Top Company At TechCrunch20</title>
	<atom:link href="http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/</link>
	<description>Startup and Technology News</description>
	<lastBuildDate>Tue, 10 Nov 2009 10:55:31 -0800</lastBuildDate>
	
	<sy:updatePeriod>hourly</sy:updatePeriod>
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		<item>
		<title>By: TechCrunch40 Tickets To Sell Out; More News &#171; iBrian</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1614456</link>
		<dc:creator>TechCrunch40 Tickets To Sell Out; More News &#171; iBrian</dc:creator>
		<pubDate>Thu, 13 Sep 2007 04:00:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1614456</guid>
		<description>[...] more on that below) in front of the full audience and panel of experts, and will compete for the $50,000 prize. An additional hundred startups will be showing their products in the demo stations. On top of [...]</description>
		<content:encoded><![CDATA[<p>[...] more on that below) in front of the full audience and panel of experts, and will compete for the $50,000 prize. An additional hundred startups will be showing their products in the demo stations. On top of [...]</p>
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	<item>
		<title>By: Socialtwister 2.0 &#187; Blog Archive &#187; Shucks, I&#8217;m on the TechCrunch 21+, uhm 101+, P.S. I&#8217;m Back</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1536757</link>
		<dc:creator>Socialtwister 2.0 &#187; Blog Archive &#187; Shucks, I&#8217;m on the TechCrunch 21+, uhm 101+, P.S. I&#8217;m Back</dc:creator>
		<pubDate>Sat, 04 Aug 2007 18:33:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1536757</guid>
		<description>[...] competition, to be sure. It seems there were close to 700 applications, no doubt accelerated by the $50,000 prize that will be awarded to first [...]</description>
		<content:encoded><![CDATA[<p>[...] competition, to be sure. It seems there were close to 700 applications, no doubt accelerated by the $50,000 prize that will be awarded to first [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Michael</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1496362</link>
		<dc:creator>Michael</dc:creator>
		<pubDate>Fri, 13 Jul 2007 01:16:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1496362</guid>
		<description>The Monkey has signed up for 2.0 land. We have a beta 2 waiting in the wings for TechCrunch (almost like Captain Crunch but different). We are launching our ColdFusion backend and an all new redesign!

Go to the monkey, SizeMonkey.com

Michael Kassing</description>
		<content:encoded><![CDATA[<p>The Monkey has signed up for 2.0 land. We have a beta 2 waiting in the wings for TechCrunch (almost like Captain Crunch but different). We are launching our ColdFusion backend and an all new redesign!</p>
<p>Go to the monkey, SizeMonkey.com</p>
<p>Michael Kassing</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: John</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1487019</link>
		<dc:creator>John</dc:creator>
		<pubDate>Sat, 07 Jul 2007 03:06:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1487019</guid>
		<description>Everytime I attempt to send in my application, I get the following error returned from the techcrunch email server:

Technical details of permanent failure:
PERM_FAILURE: SMTP Error (state 16): 554 The message was rejected because it contains prohibited virus or spam content


I&#039;ve tired with a .doc attachment, without one, with all the URL links removed from my message, but nothing seems to help.  Is anyone else experiencing this issue?</description>
		<content:encoded><![CDATA[<p>Everytime I attempt to send in my application, I get the following error returned from the techcrunch email server:</p>
<p>Technical details of permanent failure:<br />
PERM_FAILURE: SMTP Error (state 16): 554 The message was rejected because it contains prohibited virus or spam content</p>
<p>I&#8217;ve tired with a .doc attachment, without one, with all the URL links removed from my message, but nothing seems to help.  Is anyone else experiencing this issue?</p>
]]></content:encoded>
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	<item>
		<title>By: Netmuse</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1486303</link>
		<dc:creator>Netmuse</dc:creator>
		<pubDate>Fri, 06 Jul 2007 17:33:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1486303</guid>
		<description>Mad props to TC for the competition. My team and I are about to launch. We thought about submitting it but decided not to.  &quot;Hey who&#039;s our audience?&quot; A: VCs and other startups who might not use our site but instead copy ideas...  Are we wrong for thinking this?</description>
		<content:encoded><![CDATA[<p>Mad props to TC for the competition. My team and I are about to launch. We thought about submitting it but decided not to.  &#8220;Hey who&#8217;s our audience?&#8221; A: VCs and other startups who might not use our site but instead copy ideas&#8230;  Are we wrong for thinking this?</p>
]]></content:encoded>
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	<item>
		<title>By: $50,000 in prize money for the startup &#171; All About Mobile&#8230;.</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485687</link>
		<dc:creator>$50,000 in prize money for the startup &#171; All About Mobile&#8230;.</dc:creator>
		<pubDate>Fri, 06 Jul 2007 10:23:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485687</guid>
		<description>[...] $50,000 in prize money for the&#160;startup  TechCrunch20, the upcoming conference planned by blogging blowhards Jason Calacanis and Michael Arrington, now comes complete with $50,000 in prize money for the startup judged, like a prized poodle, to be the &#8220;Best in Show.&#8221; [TechCrunch] [...]</description>
		<content:encoded><![CDATA[<p>[...] $50,000 in prize money for the&nbsp;startup  TechCrunch20, the upcoming conference planned by blogging blowhards Jason Calacanis and Michael Arrington, now comes complete with $50,000 in prize money for the startup judged, like a prized poodle, to be the &#8220;Best in Show.&#8221; [TechCrunch] [...]</p>
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	</item>
	<item>
		<title>By: Roy Tahsin</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485565</link>
		<dc:creator>Roy Tahsin</dc:creator>
		<pubDate>Fri, 06 Jul 2007 07:31:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485565</guid>
		<description>Maybe I missed it on here, but anyone read the article about Mike in Wired this month?</description>
		<content:encoded><![CDATA[<p>Maybe I missed it on here, but anyone read the article about Mike in Wired this month?</p>
]]></content:encoded>
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	<item>
		<title>By: Matt</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485538</link>
		<dc:creator>Matt</dc:creator>
		<pubDate>Fri, 06 Jul 2007 07:02:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485538</guid>
		<description>I would be interested in this since - after 18 months of development - it falls around our anticipated launch date anyway.  But who exactly reviews the applications?  Do VCs review them or is it just the TC staff?</description>
		<content:encoded><![CDATA[<p>I would be interested in this since &#8211; after 18 months of development &#8211; it falls around our anticipated launch date anyway.  But who exactly reviews the applications?  Do VCs review them or is it just the TC staff?</p>
]]></content:encoded>
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	<item>
		<title>By: Mike</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485466</link>
		<dc:creator>Mike</dc:creator>
		<pubDate>Fri, 06 Jul 2007 05:28:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485466</guid>
		<description>There are 200 companies out there that have not shown ANYONE their stuff before September? Wow. Lots coming in the pipeline then (for the world).</description>
		<content:encoded><![CDATA[<p>There are 200 companies out there that have not shown ANYONE their stuff before September? Wow. Lots coming in the pipeline then (for the world).</p>
]]></content:encoded>
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	<item>
		<title>By: patricia</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485450</link>
		<dc:creator>patricia</dc:creator>
		<pubDate>Fri, 06 Jul 2007 05:14:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485450</guid>
		<description>I agree. Survival of the fittest.</description>
		<content:encoded><![CDATA[<p>I agree. Survival of the fittest.</p>
]]></content:encoded>
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		<title>By: Richard White</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485427</link>
		<dc:creator>Richard White</dc:creator>
		<pubDate>Fri, 06 Jul 2007 04:44:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485427</guid>
		<description>This (http://www.techcrunch20.com/blog/2007/06/29/one-more-week-to-submit-on-time-for-techcrunch20/#comments) answered my deadline questions.</description>
		<content:encoded><![CDATA[<p>This (<a href="http://www.techcrunch20.com/blog/2007/06/29/one-more-week-to-submit-on-time-for-techcrunch20/#comments" rel="nofollow"></a><a href='http://www.techcrunch20.com/blog/2007/06/29/one-more-week-to-submit-on-time-for-techcrunch20/#comments'>http://www.tech...nch20/#comments</a>) answered my deadline questions.</p>
]]></content:encoded>
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		<title>By: Scott Taylor</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485420</link>
		<dc:creator>Scott Taylor</dc:creator>
		<pubDate>Fri, 06 Jul 2007 04:37:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485420</guid>
		<description>testing.... just seeing what time it is in Techcrunch land...

*continues to type fast*</description>
		<content:encoded><![CDATA[<p>testing&#8230;. just seeing what time it is in Techcrunch land&#8230;</p>
<p>*continues to type fast*</p>
]]></content:encoded>
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		<title>By: EmEhRKay</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485372</link>
		<dc:creator>EmEhRKay</dc:creator>
		<pubDate>Fri, 06 Jul 2007 03:50:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485372</guid>
		<description>Midnight tonight (5th)? or midnight on the 6th? 

*Types really fast*</description>
		<content:encoded><![CDATA[<p>Midnight tonight (5th)? or midnight on the 6th? </p>
<p>*Types really fast*</p>
]]></content:encoded>
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	<item>
		<title>By: Michael Arrington</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485345</link>
		<dc:creator>Michael Arrington</dc:creator>
		<pubDate>Fri, 06 Jul 2007 03:28:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485345</guid>
		<description>yeah I agree Mitch.</description>
		<content:encoded><![CDATA[<p>yeah I agree Mitch.</p>
]]></content:encoded>
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	<item>
		<title>By: Adam</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485325</link>
		<dc:creator>Adam</dc:creator>
		<pubDate>Fri, 06 Jul 2007 03:03:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485325</guid>
		<description>I am sure that those who don&#039;t win will benefit for just being part of the contest.</description>
		<content:encoded><![CDATA[<p>I am sure that those who don&#8217;t win will benefit for just being part of the contest.</p>
]]></content:encoded>
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		<title>By: Mitch</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485324</link>
		<dc:creator>Mitch</dc:creator>
		<pubDate>Fri, 06 Jul 2007 03:03:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485324</guid>
		<description>Too much &quot;greater good&quot; talk around here for me. I thought that TC readers where capitalists. Maybe a little refresher is due?

http://en.wikipedia.org/wiki/Objectivism_%28Ayn_Rand%29</description>
		<content:encoded><![CDATA[<p>Too much &#8220;greater good&#8221; talk around here for me. I thought that TC readers where capitalists. Maybe a little refresher is due?</p>
<p><a href="http://en.wikipedia.org/wiki/Objectivism_%28Ayn_Rand%29" rel="nofollow"></a><a href='http://en.wikipedia.org/wiki/Objectivism_%28Ayn_Rand%29'>http://en.wikip..._%28Ayn_Rand%29</a></p>
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		<title>By: Richard White</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485302</link>
		<dc:creator>Richard White</dc:creator>
		<pubDate>Fri, 06 Jul 2007 02:41:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485302</guid>
		<description>Can we get a more precise deadline like June 6th 2007 12:00pm PST? I just want to know if my last minute cramming will be in vain :)</description>
		<content:encoded><![CDATA[<p>Can we get a more precise deadline like June 6th 2007 12:00pm PST? I just want to know if my last minute cramming will be in vain <img src='http://www.techcrunch.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
]]></content:encoded>
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		<title>By: MajorNetworkNews</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485299</link>
		<dc:creator>MajorNetworkNews</dc:creator>
		<pubDate>Fri, 06 Jul 2007 02:39:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485299</guid>
		<description>Hey Ben, the ycombinator folks would disagree on the value of $50K, as there normal investment is even less than that!</description>
		<content:encoded><![CDATA[<p>Hey Ben, the ycombinator folks would disagree on the value of $50K, as there normal investment is even less than that!</p>
]]></content:encoded>
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		<title>By: Ben</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485189</link>
		<dc:creator>Ben</dc:creator>
		<pubDate>Fri, 06 Jul 2007 00:18:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485189</guid>
		<description>I think the 50K should go to a charity of the winning company&#039;s choice.  50K is not a lot in the overall balance of things, and the Valley needs to make a statement that innovation is for the larger societal good versus the needs of any one company.   It would go a long way to improving the image of the Valley and to the company winning the award.</description>
		<content:encoded><![CDATA[<p>I think the 50K should go to a charity of the winning company&#8217;s choice.  50K is not a lot in the overall balance of things, and the Valley needs to make a statement that innovation is for the larger societal good versus the needs of any one company.   It would go a long way to improving the image of the Valley and to the company winning the award.</p>
]]></content:encoded>
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		<title>By: Michael Arrington</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485154</link>
		<dc:creator>Michael Arrington</dc:creator>
		<pubDate>Thu, 05 Jul 2007 23:30:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485154</guid>
		<description>lawrence, selected companies do not pay to attend, either.</description>
		<content:encoded><![CDATA[<p>lawrence, selected companies do not pay to attend, either.</p>
]]></content:encoded>
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		<title>By: Ryan</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485149</link>
		<dc:creator>Ryan</dc:creator>
		<pubDate>Thu, 05 Jul 2007 23:23:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485149</guid>
		<description>Is this event only once a year?</description>
		<content:encoded><![CDATA[<p>Is this event only once a year?</p>
]]></content:encoded>
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	<item>
		<title>By: Insider Chatter by Donna Bogatin &#187; $20 million TechCrunch Trumps $169 billion Google</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485138</link>
		<dc:creator>Insider Chatter by Donna Bogatin &#187; $20 million TechCrunch Trumps $169 billion Google</dc:creator>
		<pubDate>Thu, 05 Jul 2007 23:14:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485138</guid>
		<description>[...] Who says Michael TechCrunch Arrington is just in it for the money? He&#8217;s giving some away! [...]</description>
		<content:encoded><![CDATA[<p>[...] Who says Michael TechCrunch Arrington is just in it for the money? He&#8217;s giving some away! [...]</p>
]]></content:encoded>
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	<item>
		<title>By: Stan Oleynick</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485135</link>
		<dc:creator>Stan Oleynick</dc:creator>
		<pubDate>Thu, 05 Jul 2007 23:12:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485135</guid>
		<description>We submitted our start-up and are keeping our fingers crossed... Mike, Jason and Heather are doing a fantastic job and no matter what happens I would personally like to thank them for what they are doing and for the tremendous opportunities and doors they are opening for start-ups like us. It means a lot!

The $50,000 prize will go along way for an unfunded start-up (like us), but at the same time the experience, knowledge, friendships and business contacts that can be formed at the conference, IMHO are equally as, if not more important than any amount of money!! Meeting the smartest people in the world and having the opportunity to learn from them as well as show them &quot;what you&#039;ve got&quot;, is I think priceless!</description>
		<content:encoded><![CDATA[<p>We submitted our start-up and are keeping our fingers crossed&#8230; Mike, Jason and Heather are doing a fantastic job and no matter what happens I would personally like to thank them for what they are doing and for the tremendous opportunities and doors they are opening for start-ups like us. It means a lot!</p>
<p>The $50,000 prize will go along way for an unfunded start-up (like us), but at the same time the experience, knowledge, friendships and business contacts that can be formed at the conference, IMHO are equally as, if not more important than any amount of money!! Meeting the smartest people in the world and having the opportunity to learn from them as well as show them &#8220;what you&#8217;ve got&#8221;, is I think priceless!</p>
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	<item>
		<title>By: lawrence</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485117</link>
		<dc:creator>lawrence</dc:creator>
		<pubDate>Thu, 05 Jul 2007 22:58:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485117</guid>
		<description>mike arrington, 

the presentation isn&#039;t really free, per se...because you still have to pay the $2K registration fee, correct?

can you have someone represent you/your co., or must it be the actual founders on stage?</description>
		<content:encoded><![CDATA[<p>mike arrington, </p>
<p>the presentation isn&#8217;t really free, per se&#8230;because you still have to pay the $2K registration fee, correct?</p>
<p>can you have someone represent you/your co., or must it be the actual founders on stage?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Tim</title>
		<link>http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/comment-page-1/#comment-1485089</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Thu, 05 Jul 2007 22:36:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/07/05/50k-prize-for-top-company-at-techcrunch20/#comment-1485089</guid>
		<description>Umm, $50,000 is nice, but I would prefer to not have extra competition. =^)

By the way, the idea that the 50k would go to the companies that need it, well it sounds nice but isn&#039;t very practical. Everyone can us an extra 50k, even if you just got a 10 million funding round. 

Any startup that is giving away 50k before they have launched their beta, well lets just say I won&#039;t plan on investing in them. Sounds like they have no idea what to do with their money.

2nd and 3rd place prizes would be cool, but lets wait and announce them after the submissions have been closed. =^)</description>
		<content:encoded><![CDATA[<p>Umm, $50,000 is nice, but I would prefer to not have extra competition. =^)</p>
<p>By the way, the idea that the 50k would go to the companies that need it, well it sounds nice but isn&#8217;t very practical. Everyone can us an extra 50k, even if you just got a 10 million funding round. </p>
<p>Any startup that is giving away 50k before they have launched their beta, well lets just say I won&#8217;t plan on investing in them. Sounds like they have no idea what to do with their money.</p>
<p>2nd and 3rd place prizes would be cool, but lets wait and announce them after the submissions have been closed. =^)</p>
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