Aug 29, 2016 On Our Blog

The Virtual World is Calling: 16 Predictions for the (Near) Future of VR

A year ago, I met up my friend Eugene Chung who used to run film & media for Oculus virtual reality (VR).  Eugene was telling me about his first VR film he created. At the time, I had very little knowledge about VR but definitely wanted to learn more and very curious. I asked Eugene why anyone should care about VR. His reply? He simply insisted that I should try it for myself and experience “The Rose and I”. That day, I went to Eugene’s studio in SOMA and put on the Oculus Rift headset for the very first time. Boom, and finally I got it — I was in space and could see the little prince standing on the little planet not too far …

Aug 10, 2016 On Our Blog

The 7 (Pitching) Habits of Highly Effective Founders

Finding the right investors is like dating — you need to kiss many frogs before you find a prince.   Today, I’m going to share seven ways fundraising founders can kiss fewer frogs and find more princes (subtle hint: Batch 19 applications are now open). Habit 1 – Pitch to the Right Investors Not all investors are created equal. Some investors only invest in seed investments. Some investors only focus on Series A.   Before approaching any investors, do your homework and make sure you go after the right target audience. You can segment them with these 5 characteristics: Investment stages (seed, Series A, B, C, etc.) Check size (e.g. $50,000 – $150,000) How many deals has he or she done …

Mar 24, 2015 On Our Blog

How Meerkat Can Stay Hot & Grow MOAR

At our recent 500 Startups PreMoney conference in Miami we used Meerkat to live stream the full conference to thousands of people worldwide. Since its launch just a few weeks ago, Meerkat’s blown up. Below is the graph of installs and stats for the Meerkat iOS app. According to the company, it hasn’t done paid acquisition to get this traction. Meerkat Installs Growth (Feb 21 – March 21, 2015) Meerkat iOS stats 50,000 installs in 30 days (souce: App Annie) and 300,000 total users (source: Techcrunch) 10,000+ video streams created in 30 days 2,000 average new installs per day Meerkat has been featured by Apple over 46 times on the iTunes homepage since its launch on Feb 21, 2015 (source: …

Feb 3, 2015 Official Announcement

500 Mobile Collective Makes Its First Investment, Andy OS

500 Mobile Collective Makes Its First Investment, Andy OS   500 Mobile Collective is excited to announce today that we have made our FIRST investment in Andy OS, the world’s first full featured mobile OS. Imagine an OS that you can use no matter what device you’re computing on. With Andy OS you can choose the best devices to run your favorite games, chat or photo apps. Andy OS turns any hardware into a conduit for your mobile life. Why Andy OS? Since the launch in April 2014, Andy OS has grown quickly to 3 million users and 60% daily active users, all with zero marketing spend. Its users spend an average of 23 minutes per day, per session. “Little to …

Nov 18, 2014 Official Announcement

Ground Control to Edith Yeung: Take Your Mobile Apps & Put Your Helmet On

500 Startups is proud to announce the launch of 500 Mobile Collective (aka “500 MC”), a $10M USD micro-fund focused on mobile, managed by new 500 investing partner and Dance Dance Revolution instructor Edith Yeung. Inspired by the GINORMOUS growth of the mobile internet with ~3 billion global users, 500 MC will invest in awesome mobile founders, apps, and startups all over the world. Why Collective? 500 MC isn’t just one person — it’s actually a collective of many advisors with years of experience building and managing mobile-focused products and companies. The 500 MC Collective will use their various superpowers and dark arts to help startup founders with access to mobile OEMs and carriers and help them with advice on …