500 Startups co-founder Dave McClure: 90 percent of VCs are going to look like idiots in 10 years

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500 Startups co-founder Dave McClure: 90 percent of VCs are going to look like idiots in 10 years

Chelsea Ng
by

October 02, 2015

Venture capitalist Dave McClure takes an unusual approach to startup investing, spreading smaller bets over a lot of startups instead of attempting to pick a few winners. He gets a lot of criticism for the strategy, but he had a clear message for the GeekWire Summit crowd on Thursday: just wait.

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