Dave McClure

Author

Dave McClure

Dave uses his uncanny ability to function without sleep and frequent flyer miles to uncover geeks around the world. His ominous past includes work at Founders Fund, Facebook fbFund, PayPal, Mint.com, & Simply Hired.

Latest Articles

March 07, 2017
March 07, 2017

Welcome Aman Verjee to 500 Startups as COO

Dave McClure
As 500 Startups enters its seventh year, I’d like to welcome an old friend and ex-PayPal colleague to the team, Aman Verjee, who is joining us as COO and will also be joining the 500 Startups management team. I’ve known Aman for over a decade and ...
April 01, 2016
April 01, 2016

500 Startups Announces $500M WinterFund™ to Invest in Broken Unicorns

Dave McClure
EDITOR'S WARNING: this was an April Fool's joke... if you actually believed this was a real story, we have a bridge in Brooklyn for sale we'd love to show you... Today, 500 Startups announces WinterFund, a new investment vehicle focused on the fa...
September 30, 2015
September 30, 2015

Startups are hard, so is TV

Dave McClure
Last week Syfy piloted the first episode of our new docu-series called the Bazillion Dollar Club.  The initial episode followed Vango on their journey from the beginning of our accelerator program (500 Startups Batch 12) to Demo Day, where they ra...
April 01, 2015
April 01, 2015

500 STARTUPS ANNOUNCES NEW $5 BILLION “FIVE UNICORNS” FUND

Dave McClure
Today, 500 Startups announced the filing of its latest fund, a $5 billion "Five Unicorns" mega-fund. The new fund plans to make five investments in just five startups, at one billion dollars each, over a period of five years. The five "Unicorn"...
October 03, 2014
October 03, 2014

500 Startups Achieves Target Quota of Less Than 25% White Males From Stanford

Dave McClure
500 Startups announced today the promotion of two new managing partners*, Bedy Yang and Khailee Ng. The company is now even more AWESOME than ever before and currently has over 35 team members across 10 countries who speak 20+ languages. 500 also ...
June 27, 2014
June 27, 2014

Why We Announced Public Fundraising

Dave McClure
If a tree falls in a forest and no one is around to hear it, does it make a sound? For over a year, I’ve been asking myself a similar question regarding fundraising for 500 Startups. Prior to the JOBS Act, it wasn’t legal for venture capital an...

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