Jan 24, 2019 On Our Blog

Selling Rides

There used to be a day when every third American owned a horse. Now, every 1.3 Americans owns an automobile. The landscape changed. Along the way, we stopped complaining about animal feed, stables, and horse dung, and we started worrying about smog, traffic, and climate change. Much of the change was propelled by the internal combustion engine. Later, cars were upgraded with electrical starters, power steering, anti-lock brakes. Soon the car became more affordable with Ford’s Model T and the assembly line. Over the course of several decades, horse ownership was replaced by car ownership. And with this shift, cars were woven into the fabric of America, affecting everything from infrastructure to culture. At 500, we have our eyes on …


Jan 23, 2019 On Our Blog

This Pitch Deck Will Rock Your 500 Startups Application

We’ve talked about how to make your application to 500’s accelerator stand out, and one of the key points we mentioned was ensuring you have a solid pitch deck. But what does a good pitch deck look like? We’ve looked at thousands throughout the years, so we have a few pointers on what makes a good one, and what mistakes to avoid. We typically only spend a few minutes reviewing each deck, so keep it brief and don’t overload it with excessive text and images. A well-crafted pitch deck doesn’t need more than 10 slides and will have all of the following key elements (get our free template here): Slide 1: Your Logo & Elevator Pitch You only have seconds …


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Jan 16, 2019 On Our Blog

500 Startups: 2018 by the Numbers

2018 was a busy year for 500. I’m proud of what our team has accomplished over the past 365 days and am excited to share some of our 2018 highlights. 500’s mission is to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. It has been inspiring to see this mission in full force as we work with incredible founders around the world.   2018 By The Numbers1 We added 155 new companies to the 500 portfolio, bringing our total portfolio count to 2,210 companies and over 5,000 founders. 7 of our portfolio companies joined the Unicorn Club in addition to our existing unicorns Twilio, SendGrid, and Credit Karma …


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Jan 9, 2019 On Our Blog

Don’t Be Amazon, Be The Best You

Right now, Amazon owns half an eCommerce market, which accounts for 11.9% of total retail sales. This means there is still–for now–far more opportunity for others. This begs the question; Why be an Amazon when you can be the best you? In the wake of so many iconic retail bankruptcies, we might start to believe in an inevitable demise for all retailers. But what can we really expect? How can retailers rethink their innovation strategy? These recent trends offer insight into some ways your organization can craft its own vision for innovative success.  Let’s review how some startups are making physical stores relevant again. Looking for a deep dive? Sign up below to immediately receive an extended white paper on this subject! Stores without Products Will “the …