Burazin: Tech conferences are entertainment first and foremost
“A conference is it's entertainment first and foremost.”
Narkar: Large Tech Conferences Are for Partnerships, Not Customer Acquisition
“In fact, the way we look at conferences and events is it is more for partnerships than since because, you know, if it's a large conference, there'll be so many potential customers coming there and they're visiting every single booth. They'll definitely not rem…”
Narkar: Expecting a 3x Direct ROI From Tech Conferences Is Unrealistic
“Here is what I've learned in conferences. You might plan to strike some deal or maybe some investments. You go with that goal that, you know, if I spend 15,000, I'm going to make at least, you know, three X out of it that over the years we have learned doesn't…”
Courtney calls industry conferences a money sink compared to boutique events
“I think conferences are generally like a money sink. Like I please do not think I'm talking about conferences. I'm really not. Conferences are like a completely separate thing”
A good conference needs at least some people protesting it
“I think a sign of a good conference is you need at least some people protesting it. Like, if no one's gonna protest your conference, then you probably didn't do a good enough job marketing it.”
Lieberman: Business conferences are usually low ROI and a waste of time
“I usually think conferences are a massive waste of time. You spend hours in transit, hundreds or thousands of dollars on flights and hotels, and instead of working on your business, you spend your time, quote unquote, networking or listening to panels that oft…”
Alex Lieberman only attends business conferences if given green room access
“Which is why now when I go to events, since I am not the sales savage, I typically will only go if I get green room rights.”
O'Reilly: Only six global conferences meet all allocator value criteria
“Most conferences are not going to check all four boxes that I just talked about. That's probably half a dozen conferences in the world. You could be happy with getting two in one event.”
Biscardi: Partnering with Non-Competing Funds Expands Conference Reach
“When I was on the fundraising side years ago, we would just partner up, we'd make friends with strategies or funds that were not competitive with what we were doing, and now you've expanded your reach dramatically.”
Prosek: Many LPs use conferences to batch meetings while working from home
“And what's happened in the world of the LPs is I think a lot of LPs have decided I rather work from home
And then go to the conference and bang out a lot of meetings and then go back work from home.”
Most CEOs Attend Industry Conferences Without a Plan for ROI
“But what we learned was most CEOs are knocking around these conferences without a plan.
No one's really thought about how do we get the value.”
Goldstein: Most employees spend their annual $2K–$3K L&D budget on conferences
“Conferences are actually where most people spend their learning and development budget at their companies. They're usually getting like two to 3000 dollars a year or something like that. These workers, these tech workers or any sort of worker, most of them spe…”
Bastow: Organizing conferences is fundamentally anti-lean
“When running a conference, it's one of the most expensive and un-leanest things you can possibly do. It's really difficult as a product person to pull that off because it pulls at your part. You want to do something that's lean and iterative, but you can't, ri…”
Scaling events like music festivals degrades the attendee experience
“Music festivals, they're just horrible and they're horrible because The bigger and more people who that, that go and the more money that you make, the worse the experience gets. That's why I always disliked conferences. Cause like, damn, the better I make this…”
Scaramucci: In-person conferences will return bigger and better post-pandemic
“So I actually think the conferences are going to be bigger, And weirdly better, because it's like a concentrated dose of human personal contact.”
Shaan Puri: Conferences are worth it for one great idea and one person
“I kind of have in my head. I'm here to learn one thing. Like I want to have one great idea. Like a truly great idea. Maybe it's a tactic, a marketing idea, a realization of something I need to change or a new business idea, a new, whatever. So one great idea i…”
Cowan-Brown: In-person dealmaking at conferences will decline drastically due to Zoom
“That idea of this is the moment where we can all be in a room and finalize that deal or get that deal done. I think that's going to shift pretty drastically because I think people have realized that they can actually conduct their business as usual on Zoom cal…”
Capital introduction and industry conferences make finding unknown managers very difficult
“With the evolution of capital introduction, with evolution of conferences, it's really hard to find those unknown managers these days.”
Bosmeny: Conferences are the most underrated channel in startup sales
“I think conferences are the most underrated aspect of sales and the, and one of the least understood aspects of sales.”
Industry conferences drive less than 25% of Jobscience's deal flow
“Driving less than, you know, 20%, 25% of the deal flow.”
Seidman: There are 2 million conferences annually in the US alone
“There are two million different conferences in the U S alone.”
Latka claims most industry conference speakers pay to be on stage
“I understand that most of the speakers are paying to be on stage. They're spot. Look, it's just the revenue of, it's just the model.”
Kamal Ravikant: Effective founders build product instead of attending conferences
“The doers are usually not at the meetups. Doers are not at a lot of the conferences. They're home coding.”