Five years ago, Dave McClure decided to strike out on his own and start a little venture firm called 500 Startups. At the time, the pure ambition of giving his seed-stage investment fund that name sounded crazy (classic Dave!) and many questioned his plan to invest small amounts of capital in a massive number of startups.
Today, that thesis doesn’t seem quite so crazy. 500 Startups has nearly 1,000 companies in its portfolio, and the firm doesn’t seem to be slowing down anytime soon.
McClure and his team have also become a global force, investing broadly around the world, and also supporting a diverse group of founders. 500 Startups has geographically focused “micro funds” in a number of regions around the world, including Mexico and Latin America, China, India, Korea, Thailand and other parts of Southeast Asia.
It’s also been extremely forward-thinking in its use of AngelList Syndicates to
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