1522 Views

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

by

October 03, 2014

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 has $115M in assets under management and has invested in 850+ companies in the past 4 years. And we ate like, 17 green M&Ms last week too.

Over the past three years, Bedy Yang has made over 25 investments in Brazil and 50 investments around the world. She’s truly multicultural (she’s lived in Brazil, China, Germany, Paraguay and the US) and founded Brazil Innovators to bring together Brazil and Silicon Valley. She’s also been intrumental in launching our 500Women Syndicate to support female entrepreneurs, and recently completeted The Kauffman Fellows Program. In short, she’s a badass.

Khailee Ng (who tragically lost a vowel at the tender age of three) manages the 500 Durians fund in Southeast Asia, has been a successful entrepreneur with 2 exits (SAYS.com acquired by Catcha Group, Groupsmore acquired by Groupon), and has made over 30 investments across Indonesia, Malaysia, Singapore, Thailand, the Philippines, and Vietnam. Not to brag, but he started buildling web products at 15 and his first companies at 24. Khailee will focus on 500’s onglobal expansion and building more connections between emerging markets and Silicon Valley.

In addition to promoting talented people on our team, we also recognize the importance of a diverse and global team and portfolio. 500 has invested in over 200 companies that come from outside the US, from across 40+ different countries. The 500 team itself now is over 40% female, about one third of our team was born outside the US, and we speak over 20 languages including: English, Spanish, French, German, Italian, Swedish, Portuguese, Japanese, Korean, Mandarin, Cantonese, Malay, Indonesian, Arabic, Hindi, Punjabi, Gujarati, Tamil, Bulgarian, Russian, Farsi, Hebrew, and Hillbilly. We’re actively seeking to expand the team to include folks fluent in pig latin & Klingon (neeeeerdz!).

Learn more about our crazy team and global network of founders, investors, and mentors at 500.co.

*“The title “Partner” is used in accordance with customary business practice in the VC industry and does not indicate legal status in a partnership.” Our grumpy lawyer who wears dad jeans made us say this.

Most Popular

June 09, 2020

Our Framework Post-COVID-19

July 23, 2020

Full Speed Ahead with 500 Startups LatAm’s Batch 12

Recent

Stoovo is How Gig Workers Meet Their Earning Goals

Did you know that nearly 40% of U.S. workers now participate in the gig economy in some form? The uncertainty of the pandemic and its impact on the stability of jobs has only increased the need for...

How Serena Ventures Built a Portfolio With 60% Diverse Founders

Serena Ventures partner Alison Rapaport Stillman thinks VCs need to get out of their comfort zones. Take trading cards, something Alison has never cared about—that is until alternative assets boome...

MightyFly’s Next-Generation Drones Have Sky-High Potential

When we first met MightyFly’s founders Manal Habib and Scott Parker, we quickly knew they had that perfect combination of technical expertise and tenacity--a world-class team of experienced drone e...

Emerging Fund Managers Share Tips on Breaking into Venture Capital

Four emerging fund managers gathered recently at 500 Startups’ 2021 Unity and Inclusion Summit to discuss what it takes to break into VC, forge relationships with LPs and build diverse founder pipe...