[500 STARTUPS DEMO DAY 2016] 500 Startups Updates by Dave McClure

TL;DR

At Demo Day 2016, Dave McClure reported that 500 Startups managed over $275 million and had invested in about 1,700 companies across more than 60 countries. The firm also operated about 12 regional and vertical micro funds, supported over 400 companies with women co-founders, and counted at least three unicorns among its investments. Read on for details about its portfolio, accelerator batches, and investor education programs.

Transcript

as we always do every demo we give a little bit of information about startups 0 that's actually us 500 startups and I don't have the clicker so can someone help me advance the slides and or okay wait hey amazing so 500 startups we are a hundred and forty people from about 20 different countries actually some of them are here today as well we speak ... Read More

Key Insights

• 🌐 500 Startups is a global venture capital firm with a diverse team of employees from 20 different countries, emphasizing their commitment to supporting global innovation.
• 🔬 They manage over $275 million in capital and have invested in a wide range of startups in 60 countries, with a focus on regional and vertical micro funds.
• 🔬 The firm has invested in successful companies such as Twilio, Credit Karma, and Grab, showcasing their ability to identify promising startups.
• 👩‍🍳 They prioritize startups with women co-founders, with over 400 of their invested companies having women co-founders.
• ❓ 500 Startups offers educational programs for both entrepreneurs and investors, emphasizing the importance of knowledge-sharing in the startup ecosystem.
• 💪 They have a strong presence in FinTech and healthcare sectors, running dedicated tracks within their accelerator programs.
• 😖 Their latest batch of investments is diverse, with almost 20% female-founded companies and representation from different ethnic backgrounds.

Questions & Answers

Q: What updates did Dave McClure share about 500 Startups at Demo Day 2016?

Dave McClure said 500 Startups had 140 people from about 20 countries who spoke about 25 languages. The firm managed over $275 million, operated about 12 regional and vertical micro funds, and had invested in about 1,700 companies across more than 60 countries.

Q: How many companies had 500 Startups invested in through its accelerator programs?

About 500 or more of its portfolio companies had gone through 500 Startups accelerator programs. McClure said Batch 18 was being presented, Batch 19 was already running, and Batch 20 would be selected soon.

Q: How global was the 500 Startups portfolio?

500 Startups had invested in about 1,700 companies in more than 60 countries. About 600 of those companies started outside the United States, while the firm’s team included people from about 20 countries.

Q: Which major companies had received investment from 500 Startups?

McClure highlighted Twilio, Credit Karma, and Grab, formerly known as GrabTaxi. He described Twilio as recently public with about a $3 billion market capitalization, Credit Karma as having over 60 million users, and Grab as the leading ride-sharing app in Southeast Asia.

Q: How did 500 Startups support companies with women co-founders?

More than 400 companies in the 500 Startups portfolio had women co-founders. McClure also said almost 20% of the 46 companies in Batch 18 were female-founded.

Q: What educational programs did 500 Startups run for entrepreneurs and investors?

500 Startups ran education programs for both entrepreneurs and investors. McClure named Corporate Innovation Unlocked, a deal camp with UC Berkeley, VC Unlocked with Stanford, and a pre-accelerator program in Kobe, Japan.

Q: What was the size and composition of 500 Startups Batch 18?

Batch 18 included 46 companies. Almost 20% were female-founded, over 20% were Black or Latino, and about 30% were international companies representing 13 non-US countries.

Q: Which specialized tracks were included in Batch 18?

500 Startups ran FinTech and healthcare tracks within Batch 18. The companies from those tracks were scheduled to present during the Demo Day program.

Summary & Key Takeaways

• 500 Startups is a venture capital firm with 140 employees from 20 different countries, managing over $275 million in capital and investing in 1700 companies.

• They have invested in 500 or more companies through their accelerator programs and have a focus on supporting startups with women co-founders.

• They have invested in companies such as Twilio, Credit Karma, and Grab, which have seen significant growth and success.