Oct 3, 2019 Founder Stories and Insights

Inside 500: How Their Accelerator Helped Me Grow My Accounting-as-a-Service Company and Raise $2 Million

Felix Rodriguez is the founder and CEO of Back Office, a human-assisted AI platform and bookkeeping service for companies and consultants. In an interview with Nathan Beckord on Foundersuite’s “How I Raised It” podcast he shared how 500 Startups was instrumental in the early growth of BackOffice. Below is an excerpt of his interview.  I believe founders have superpowers. Before I started Back Office, I had built about 10 startups and sold three of them, growing teams that started in my living room to offices of 50 to 75 employees really rapidly.  The idea for Back Office came from a pain point I encountered with each startup: the one thing I hated with each company — and put off doing …


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Aug 19, 2019 On Our Blog

500’s Latest San Francisco Batch is Hoping to Innovate in Music, TV, and Intellectual Property

Music, TV, and intellectual property all have the potential of influencing what content we consume and what technology we use to go about our daily lives. And because all three of these are huge, established, and complex industries, they are ripe for scalable solutions. It’s solutions with this kind of mass potential that are exactly what we go for in our San Francisco seed program. Here are some of the companies in our current batch who are aiming to challenge the ways these industries function and monetize:  1. FitzyTV As the TV industry moves to the internet, content creators are building a multitude of apps to get their content distributed on every Smart TV platform. FitzyTV is an open internet …


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Jul 9, 2019 On Our Blog

500 Startups & Misk Innovation to Launch Second Batch of the Misk 500 Accelerator Program

Applications are now open for Batch 2 of the Misk 500 Accelerator Program 500 Startups and Misk Innovation will host the second batch of its accelerator program based in Riyadh, Saudi Arabia to fuel startups throughout the Middle East & North Africa (MENA) region.  Batch 2 of the Misk 500 Accelerator Program will bring experts from Silicon Valley and beyond to educate 15-20 early-stage startups from MENA. The program will consist of 14 weeks of mentorship and workshops that will have an emphasis on growth hacking techniques, product design, and fundraising. In addition to the educational component of the program, participants will have a unique opportunity to make long-lasting connections with investors and corporate partners from the region.  Following the …


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Feb 20, 2019 On Our Blog

Startup Accelerator Program: 5 Things You’ll Learn In The 500 Startups Accelerator Program

As a founder you might be thinking, “Is a startup accelerator program worth my time? What could I possibly learn from a startup accelerator program that I couldn’t just learn on my own?” I’d say if you have a network filled with prospective investors, employees, customers, and attorneys who have years of expertise on the ins and outs of your the particular market and industry your company is serving, and of course, the time to share all of it, you’re all set 😉 Don’t have it all? Here are 5 things you’ll learn, specifically from the 500 Startups accelerator! 1. The startup accelerator program keeps up-to-date on what is going on in the fundraising market. The fundraising market is continuously …


Jul 15, 2016 On Our Blog

Why Your Accelerator Rejected You

500 Startups Partners Marvin Liao and Elizabeth Yin are warm, friendly individuals, but they also break a lot of hearts. As gatekeepers for 500’s San Francisco-based accelerator, Liao and Yin lead teams that review anywhere from 1,500 to 3,000 applications per 12-week round. There’s nothing fun about raining on someone’s parade, but with only 35 to 45 slots available, there’s a lot of disappointment to go around. “We have to look through every single one, then we filter it down,” said Liao. Which Applicants Are Most Likely To Hear “Yes” From 500? “We really do take it case by case,” said Yin, though there are a few hard and fast rules. “In most cases, we look for a complete full-time team that has …


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