In January, we broke the news that prolific Silicon Valley angel investor Dave McClure was to set up his own venture capital fund. About a month ago, he formally filed for the ($30 million) seed fund and incubator, naming it 500 Startups.
McClure has now made his first hire for the investment firm, attracting former YouTube and Google product manager Christine Tsai to serve as Principal.
Tsai spent more than 7 years at Google, where she once led product marketing for YouTube and also worked in the AdSense and Google Analytics units, according to her LinkedIn profile.
Most recently, Tsai was the lead for Google I/O, the company’s largest annual developer event. Judging from her Twitter bio, she dances ballet and enjoys a good latte.
500 Startups boasts investments in companies like Medialets, Appbistro, OtherInbox and Rapportive. The entire portfolio can be viewed on the firm’s CrunchBase page.