May 31, 2019 On Our Blog

In-House vs. Outsource: What’s the Best Accounting Strategy for Your Startup?

Guest Post: Justin McLoughlin is the Founder of airCFO. Under no circumstances should any of the below content be construed as legal, tax or investment advice from 500 Startups or any of its affiliates. The early days of any company are all about resource management. Life as a startup is perilous. The companies who survive and thrive are usually the ones who find ways to do more with less. That could mean having employees who pull double duty and fill multiple roles. It may mean working a grueling schedule. It could also mean outsourcing certain key functions. Outsourcing can be a great way for a startup to leverage experienced and skilled talent without breaking the bank. You only pay for …


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May 22, 2019 On Our Blog

Startup Guide: 4 Tax Deductions to Watch for in 2019

Guest Post: Justin McLoughlin, Founder of airCFO. Under no circumstances should any of the below content be construed as legal, tax or investment advice from 500 Startups or any of its affiliates. Taxes. They’re a constant presence for any startup. No matter whether you just started earning revenue or you’re a mature veteran, taxes are an important expense item that can be a drag on your bottom line. An effective tax strategy can make all the difference between success and failure, especially in your early years. Fortunately, there are a number of steps you can take to minimize your tax exposure and reduce their impact on your profitability. Businesses can take advantage of a wide range of deductions. In fact, …


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May 22, 2019 On Our Blog

Announcing the 11 Startups in 500 LatAm’s Batch 10!

500 Startups is excited to announce the latest batch from our Seed Accelerator based in Mexico City. The Mexico City program focuses on providing a mentorship program for Spanish-speaking early-stage companies based in Latin America. Our latest batch consists of founders from all over Latin America including 6 companies from Mexico, 2 from Chile, 2 from Colombia, and 1 from Argentina. The 11 startups began the accelerator activities on April 22nd at 500’s office in Mexico City. The 16-week intensive Seed Program will focus on legal, product, sales, growth, culture, fundraising, and more, in order to prepare the companies for the culminating Demo Day taking place in Mexico City on August 7th. Batch 10’s startups will continue to put in …


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May 21, 2019 On Our Blog

Misk 500 MENA Accelerator Celebrates First Demo Day

Its been one week since the Misk 500 Batch 1 Demo Day and we’re still smiling. The energy in the room in Riyadh, on May 13th, was palpable. The 19 companies were on FIRE and rose to the occasion to give the best versions of their pitches. Due to the observance of Ramadan in the region, the event began at 10 PM and concluded at 3 AM. While originally planned to be an event for an audience of 200, the final attendance at the KAFD Conference Center included over 300 investors and guests.¹ Also in attendance were representatives of both local and international media to cover this groundbreaking collaboration between 500 and Misk Innovation. The last two hours of the …