You're a new startup on the tech scene in Europe, perhaps you're a brand new entrepreneur. One day you get an email saying you've been shortlisted as a finalist for a "prestigious" award, putting you in the "Top 200" in Europe, out of "hundreds of applications". Of course, hungry for exposure, you jump at the chance only to be told that you'll be charged $3,000 to pitch to investors and attend the awards. This is the experience of many startups that have contacted us about the Red Herring 100 Europe Awards. We decided to put the concerns about the respectability of the awards to the organizers, who deny charges from startups that the event is now a revenue-raising exercise, lacks respectability in the marketplace and is trading on Red Herring's long-lost past as an editorial force.Source: http://feedproxy.google.com/~r/Techcrunch/~3/ITG_3T2w8jU/
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