500 Startups just wrapped up another series of demo days in Mountain View, Calif. and San Francisco over the last few days, and will be heading to New York to court investors on that coast next week. We heard awesome pitches from startups and met up with some great entrepreneurs during those events, and the other day I had the opportunity to sit down with the man himself, Dave McClure, and pick his brain.
We talked about his investment strategy, including why he puts money in so many international, fashion, and kids education startups… I also got to ask him about a personal blog post he wrote that really resonated with a lot of people in Silicon Valley. Entitled “Late bloomer, not a loser. (I hope),” it talked about the trajectory of his career and how it took 20 years to become an overnight success.
So what’s it like to work with amazing people who are building billion-dollar companies while you’re just trying to find your way? Check out the video and find out.
500 Startups is an early-stage seed fund and incubator program located in Mountain View, CA. They invest primarily in consumer & SMB internet startups, and related web infrastructure services. Their initial investment size is typically $25K-$250K. Selected areas of interest include financial services & e-commerce, search/social/mobile platforms, personal & business productivity, education & language, family & healthcare and web infrastructure.
Dave McClure is a venture capitalist & the founding general partner at 500 Startups, an internet seed fund and startup accelerator program in Mountain View, CA. Dave has been geeking out in Silicon Valley for over twenty years, and has worked with companies such as PayPal, Mint, Founders Fund, Facebook, LinkedIn, SlideShare, Twilio, Simply Hired, O’Reilly Media, Intel, & Microsoft. He also likes to play ultimate frisbee when his knees don’t hurt. Dave has been an investor in over 100...