Oct 18, 2018 On Our Blog

Why 500 Startups is betting on Miami, and so should you

I am a Mexican who grew up in the “small” town of Guadalajara, Mexico (6M people, but feels small compared to Mexico City’s 20M+ population). I’ve had the privilege of studying and working in the LATAM, European and US markets, and calling world-class metropolises like Mexico City, Paris and New York my home. In 2016, following my heart, I reluctantly moved to Miami. Today, against all my expectations, I have fallen in love with this region and am ready to bet on its growth. And so is 500 Startups. Curious? Skeptical? Stay with me. As I wrote on the 500 Startups blog last March announcing the launch of 500 Startups Miami, this city and the larger Florida region is heating …


PUBLISHED BY
Sep 25, 2018 On Our Blog

6 Things We’ve Learned from the Investors Behind Lyft, Coinbase, Instacart, and More

PreMoney, our one-day conference on the future of venture capital, takes place on October 2nd in San Francisco. We’re putting the final touches on the program as we speak and we’re thrilled about the amazing speakers and discussions we’ve lined up. With just one week until the event, we’re sharing some of the biggest lessons we’ve learned from these VCs. Hacking value before hacking growth Floodgate’s Ann Miura-Ko delivered the final keynote at last year’s PreMoney and was so inspiring we had to ask her back. During her talk on Redefining Intelligent Growth, Ann challenged the audience, asking if it’s “really necessary to consume this much capital before we learn the lesson that maybe the startup isn’t going anywhere?” The job of …


PUBLISHED BY
Sep 19, 2018 On Our Blog

10 US & LatAm Startups Selected for Our 2018 Miami Growth Program!

UPDATE: These 10 startups are getting ready to pitch! Accredited investors can get a piece of the action at Miami Demo Day 2018. Contact events@500.co to attend an exclusive debut event on Nov. 1st!   500 Startups Miami has selected the 10 startups that will make up the Miami Growth Program Batch 2018. 500’s hallmark 10-week program brings mentors, experts and investors from our global network  to accelerate the startups’ growth trajectory and support fundraising to scale. The selection was a very competitive process that included reviewing over 200 applications from all over the world. The selected startups all share the following characteristics: Seasoned teams with solid track record working together Disrupting large markets in the US and Latam through highly scalable …


PUBLISHED BY
Jun 25, 2018 On Our Blog

Investor Spotlight:
Rina Onur

Rina co-founded and exited from Peak Games (a leading mobile social gaming company) and Hemenkiralik.com (first vacation rental network of Turkey). She is the General Partner of 500 Istanbul, 500’s thematic fund focused on backing exciting startups from Turkey/Turkic region and the diaspora. Starting out as a PE investor, then turned entrepreneur, she has made it full-circle back to the “dark side.” Why did you join 500? I started two companies in Turkey before I became an early stage investor and joined 500. I built my first company when I was 24 years old. Along the way, I met incredible people including a couple of investors who took a huge bet on a young, first-time female entrepreneur from an emerging …


PUBLISHED BY
Jun 4, 2018 On Our Blog

Why we’ve been cutting really large follow-on checks

Photo of Carousell’s founders giving Khailee Ng, Managing Partner of 500 Startups, a T-shirt as VC initiation back in 2013 when 500 Startups invested in Carousell’s first round of financing. 500 has ambitions to be the most global Silicon Valley VC firm and invest in companies at the early stages. However, I wanted to take time to explain the larger-than-usual follow-on checks that we have been cutting. Recently, 500 wrote a $20 million follow-on check into Singapore-based Carousell’s recent $85M Series C. Earlier in the year, we led and filled an entire Series B of $13.3M for one of Japan’s hottest startups, SmartHR. We have historically doubled down on many of our top investments, but not at these check sizes. …


PUBLISHED BY
Mar 12, 2018 On Our Blog

VC Unlocked – Over 100 Deal Campers and Counting

Last week, more than 25 corporate VCs, angels, fund managers, and attorneys joined us for our fourth Deal Camp investor training program with UC Berkeley. Less than two years in, more than 100 corporate investors have now attended the program and joined our #500Strong network, a milestone that we’re proud of. “We’re thrilled to see our group of alumni continue to grow around the world,” said Bedy Yang, managing partner at 500 Startups and a lecturer at Deal Camp. “The goal of our VC Unlocked programs is to empower investors with the toolkit they need to structure, negotiate, and execute early stage investments.” Meet the Class Here’s a quick introduction to the latest group of participants: 50% based internationally, representing …


PUBLISHED BY
Feb 13, 2018 On Our Blog

How to Attract (and Scale)
Deal Flow

Most VCs think they can predict the future when it comes to early stage deals. At 500, we’re more realistic about our strengths and weaknesses as seed stage investors. We realized early on that building high-velocity deal flow – more than the art of predicting winners – was our super power and we’ve built on that strategy ever since. (We’ve been shouting our investment strategy and portfolio approach from the rooftops since 2010. Read more about how we pick investments) We’re sharing that approach, as well as some tips on how to build a pipeline of high-quality deals that can scale in the future, in today’s blog post. From hundreds to thousands When you’re just getting started as a VC, …


PUBLISHED BY
Feb 6, 2018 On Our Blog

KISSs and SAFEs and
Notes….oh my!

[Editor’s Note] This is a guest post from Adam Sterling, Executive Director of the Berkeley Center for Law and Business, and a lecturer at VC Unlocked: Deal Camp at Berkeley. This post originally appeared on LinkedIn. In 2014, 500 Startups, a global venture capital firm, took a little-known action that would help change the landscape of international venture finance. This action had nothing to do with investment dollars, new hires, or liquidation events. 500 Startups simply open-sourced their proprietary investment contract for early-stage investments, the KISS (“Keep It Simple Security”), to startups and investors around the world. In the next year, fellow venture capital giant Y Combinator followed suit and open-sourced their own proprietary investment contract, the SAFE (“Simple Agreement …


PUBLISHED BY
Dec 15, 2017 On Our Blog

PreMoney Recap:
2018 Predictions, Inclusion, ICOs & More

At last week’s PreMoney conference, more than 500 investors and LPs packed into the InterContinental in San Francisco to learn about the latest trends in venture capital from some of the biggest names in the industry. The goal behind PreMoney is to foster a community that shares resources and strategies for innovation in venture capital. This year’s event was no exception, with plenty of bold predictions and actionable insights. If you missed the event (or just want to relive the smooth emceeing of 500 partner Arjun Arora), here’s our recap of an action-packed day and some of the key themes that were covered: For the TL;DR crowd, you can also skip straight to the photos, videos, and speakers’ decks from …


PUBLISHED BY
Nov 22, 2017 Investor Education

What I Learned at VC Unlocked: Deal Camp

VC Unlocked: Deal Camp at Berkeley, our four-day executive education program on early stage investing, takes place from February 26 – March 1, 2018. Apply today. Guest Post: Regina Leung is Vice-President of Healthcare at Bay Angels and owns her own consulting firm in healthcare and life sciences. Last month, I spent a week at Berkeley attending VC Unlocked: Deal Camp, 500 Startups’ crash course on all things early stage investing with UC Berkeley Law. I’ve been an angel investor for about a year with several startup investments to date, but was looking for the right program to become a more knowledgeable investor. Deal Camp was a great opportunity to grow my network, drill down on important topics like valuations …


PUBLISHED BY