For example, with $2k, I expect I could hire a pub in central London for an evening (or maybe a whole day), with perhaps around 100 people attending. So that’s $20 per person, or 1% of the cost of EAG. Would they get as much benefit from attending my event as attending EAG? No, but I’d bet they’d get more than 1% of the benefit.
Actually, I’m not sure this is right. An evening has around 1⁄10 of the networking duration of a weekend, and number of connections are proportional to time spent networking and to number of participants squared. If this is 1/10th the attendance and 1/10th the duration, you’re getting around 1/1000th the networking value for 1/1000th the cost, so not obviously better than an EAG weekend that costs $2M and has 1000 participants, maybe worse when you factor in people’s time cost of getting to the pub as a fraction of the event duration, or maybe better if they prefer not to spend a whole weekend.
and number of connections are proportional to time spent networking and to number of participants squared
This seems wrong, 1-1s are gated by the fact that there are only so many 30 minute slots in a day. Doubling the number of attendees might allow someone to be slightly more selective in who they network with but it doesn’t let them do 4x as many meetings.
Actually, I’m not sure this is right. An evening has around 1⁄10 of the networking duration of a weekend, and number of connections are proportional to time spent networking and to number of participants squared. If this is 1/10th the attendance and 1/10th the duration, you’re getting around 1/1000th the networking value for 1/1000th the cost, so not obviously better than an EAG weekend that costs $2M and has 1000 participants, maybe worse when you factor in people’s time cost of getting to the pub as a fraction of the event duration, or maybe better if they prefer not to spend a whole weekend.
This seems wrong, 1-1s are gated by the fact that there are only so many 30 minute slots in a day. Doubling the number of attendees might allow someone to be slightly more selective in who they network with but it doesn’t let them do 4x as many meetings.