Full story here.
This is a great idea. I agree that people like Chris Shipley are just there to skim-off the VC money that startups received by charging an insane amount of money just to present (but I give her props for pulling that off, great strategy). Web 2.0 is about working within constraints and leveraging community. The spirit of what Jason and Mike are doing fall right into this. This should be a fun conference.
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