Aug 16, 2018 On Our Blog

Making Crypto Taxes Less Cryptic

Roughly 5% of Americans own crypto assets, but only 0.04% of those people reported crypto gains or losses on their taxes. Clearly, something doesn’t add up, and the government tax collecting agencies are starting to notice the delta as well. Although regulations are still playing catch up in many countries, the tax law is often clear: you need to pay taxes on the gains. When it comes to traditional assets, governments rely on financial institutions such as banks and brokerage firms as a check and balance against consumers hiding their gains. However, no such audit record exists in the crypto world. Now governments are starting to build their own audit tools in order to examine the transactions of traders and …


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Aug 14, 2018 On Our Blog

Third Time’s a Charm:
500 Kobe Accelerator Program Returns

500 couldn’t stay away for too long! We are proud to officially announce that we are returning to one of our favorite cities – Kobe, Japan! Since last year’s program with our Kobe City partners was such a success, we are together launching the 2018 500 Kobe Accelerator program for a third consecutive year, which will kick off this fall for six weeks. 500 will bring our Silicon Valley expertise and mentors, who will focus on growth marketing for emerging companies in Kobe and beyond, while also boosting Japanese and international entrepreneurship in the region. The international scope of the program aims not only to work with Japanese companies but with startups from around the world, who are invited to one …


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Aug 6, 2018 On Our Blog

Road to Series A:
Growth Program lands in Miami!

We told you we were excited to join the Miami heat and tech wave, and we are delivering. 500 Startups Miami is thrilled to share that its hallmark Growth Program: Road to Series A has landed in Miami. If you are, or you know, a high-potential tech startup seeking to scale up in a sustainable way, this is for you! The 10-week Road to Series A program, leveraging our global network and expertise, focuses on helping high-growth tech startups reach the next level of scalable and repeatable growth. Only 10 startups will be selected to participate in this program, with a special focus on those with operations in the South-Eastern US and Latam regions. Selected startups will get to work …


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Aug 1, 2018 On Our Blog

Announcing 500 Summer School for Blockchain!

Three weeks ago, 500 Startups launched a new summer education program for blockchain companies in San Francisco. The new cohort consists of six innovative startups from four countries, all working in the cryptocurrency and blockchain space, many of them post-token offering and rapidly growing. The participants’ solutions range from helping governments collect and audit crypto trader taxes, to innovative human resources systems helping companies find and hire the best employees, to the next Bloomberg for the Crypto world. The beginning of a new tradition at 500, this program will run over the summer and will be focused on helping crypto companies develop focused growth strategies specifically tailored for their industry and carrying no investment. 500 Partner Robert Neivert and Entrepreneur …


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Jul 27, 2018 On Our Blog

Investor Spotlight:
Tanya Soman

Tanya Soman is a native New Yorker and the youngest female to make Venture Partner at 500 Startups. She started working hands-on with companies in 2014 by coaching them through the Seed Accelerator Program and now invests in consumer companies, including a specialty track within the program that focuses on the retail, beauty, and fashion verticals. Tanya is passionate about bridging the gap between international founders and Silicon Valley, which is why she speaks at events globally on fundraising from The Valley, nailing your company pitch, fundraising strategy and recruits around the world looking for the best deals. Tanya graduated in three years with a BS in business management from Babson College, a school specializing entirely in entrepreneurship. She enjoys …


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Jul 20, 2018 On Our Blog

Founder Equity 101

Guest Post: Matt Howland is the GM of Private Markets at Carta. Matt is proud to be serving the 500 Startups network as a mentor. Founders can find Matt on Union for training and consultations. Understanding and managing equity can be confusing, but as a founder, it’s essential to take the time to learn equity basics. Getting equity right ensures: Your employees are motivated to do their best work and stick around You get the best possible investors and term sheets You as a founder retain a meaningful portion of what you’re building You avoid legal trouble Here are some answers to the most commonly-asked questions about equity that we receive at Carta: What is a cap table? A capitalization …


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Jul 12, 2018 On Our Blog

Edith Yeung’s 2018 China Internet Report

500 Partner Edith Yeung just released her 2018 China Internet Report in partnership with SCMP and Abacus. This 97-page report includes everything you need to know about China’s internet landscape including major trends such as e-Commerce, Content and Media, Social and Messaging, the Sharing Economy, Artificial Intelligence, Smart Devices, Autonomous Cars, Blockchain, FinTech, Education, Gaming and eSports. China Internet Report 2018 [Short Version] from Edith Yeung The full report can be downloaded here. Here are some of our takeaways: The Chinese internet giants want and need to do everything. Whether it’s building, investing, or acquiring, Baidu, Alibaba, and Tencent are present across the internet ecosystem. China’s internet empowers the population of smaller cities and rural areas. The number of rural …


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Jul 9, 2018 On Our Blog

Persistence is Key: Advice from a Former 500 Founder

Hey there, My name is Aaron and I’m a Venture Partner here at 500 Startups. I also run the batch application squad, which is why I’m here to tell you… Applications for Batch 24 in San Francisco are now open! I know what you’re thinking: “we’ve been through this.” You’ve applied before, waited patiently, and you were told something along the lines of “Maybe-next-time.” Maybe this made you upset, or sad, or maybe you swore an oath to do whatever it takes to avenge our response. Look, I get it—putting yourself (and your startup) out there over and over again is friggin’ hard and, as always, there are no guarantees. But before you close this page, let me tell you three …


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Jul 9, 2018 On Our Blog

Don’t Bind Your Soul to a Token. Yet.

Over the last few months, I have heard countless conversations with crypto startups talking about “tokenizing” one item or another, from pets to food products. I heard 20 really good ideas, and 100 bad ones. I keep talking about the idea that just because you can do something, does not mean it is a good idea to do it. So I thought I would put together some thoughts on what makes for a good token project, specifically one where non-fungible assets are involved. In theory, any physical objects could be “tokenized” or represented by a token. The challenge is finding the right place to use a token in order to create real value. Not every unique object should be a …


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Jul 3, 2018 On Our Blog

Meet OK Blockchain Capital – 500 Startups’ Newest Corporate Partner in the Blockchain World

In Borderless Blockchain, We Trust.  We are excited to partner with OK Blockchain Capital who shares 500 Startups’ vision in discovering and backing the world’s most talented blockchain entrepreneurs from all over the world. As the strategic partner of OKCoin and OKEX a top global digital asset exchange with over $1 billion in daily trading volume, OK Blockchain Capital is focused on helping blockchain innovators through both direct funding and ecosystem support.  Launched in 2017, OK Blockchain Capital’s current investments include Perlin, Ankr, Merculet, and Vite. Building on OK Group’s experience in blockchain research, vast network, and expertise in building successful blockchain companies, OK Blockchain Capital is devoted to fueling the next generation of innovators. We understand the challenges entrepreneurs …


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