Sep 24, 2019 On Our Blog

Welcome Tony Wang as 500’s New Managing Partner

500 centers itself around supporting bold, innovative founders around the world. As venture dollars increasingly shift towards being deployed outside of the U.S., firms need to be thinking about their strategy to manage the trend towards globalization. 500 began making bets outside of Silicon Valley and outside of the U.S. back in 2010. Today, in 2019, 49% of our overall portfolio hails from outside the U.S. and spans more than 75 countries around the world.  Earlier this year, I expressed that the 500 of the future is just getting started, and announced Courtney Powell joining as 500’s new COO. I am thrilled to be sharing more good news today and welcome Tony Wang as our new Managing Partner. In this …


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Sep 12, 2019 On Our Blog

United Nations Development Program and 500 Startups Join Forces to Bridge the World of Impact Financing and Tech Startups

Startup founders often have ambitions not just to make money, but to change the world. So, how do we help these founders accomplish these goals?  Enter ImpactAIM Indonesia, a program forged from a partnership between 500 Startups and the United Nations Development Program (UNDP). ImpactAIM Indonesia’s goal is to bridge the world of impact financing with the world of tech startups in Indonesia. The program will select up to 8-10 successful post-seed startups whose businesses align with the UN Sustainable Development Goals, help selected participants measure and accelerate their impact, as well as showcase them to prospective impact investors.  This partnership is one of the first of its kind: the UNDP will lend impact measurement expertise and impact investor networks …


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