3min chapter

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Startup pitch competition! Jason invests $25K into one of four founders | E1703

This Week in Startups

CHAPTER

How to Charge Founders to Participate in a Free Program

Kelly: We charge $500 to participate and it's really just an accountability charge. So we 100% refund the charge at the end of the program. Kelly: It has resulted in approximately what percentage of completion over the first, this is the fourth cohort? Well, 95, I think it might be 97% completion. If we didn't charge 500 bucks, then I think the completion rate would be like 30%.

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