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500 Global (previously 500 Startups) is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. [ 1 ] [ 2 ] The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. [ 3 ]
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This is a list of current and former companies based in the San Francisco Bay Area, broken down by type of business.. Fortune 500 rankings are indicated in parentheses. As of 2020, 38 Fortune 500 companies had headquarters in the San Francisco Bay Area.
Following TechCrunch's coverage of 500 Startups' 25th batch (and numbers 24, 23, 22, and 21, in case you wanted to go back in time), today we're saying hello to the accelerator's 26th cohort. 500 ...
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Y Combinator interviews and selects two batches of companies per year. The companies receive a total of $500,000 in seed money as well as advice and connections. The $500,000 in funding is made up of $125,000 on a post-money SAFE in return for 7% equity and $375,000 on an uncapped SAFE with a "most favored nation" ("MFN") provision (i.e.: "we get the same best terms you give anyone else in the ...
In 2010, McClure founded 500 Startups (now 500 Global), a seed accelerator and related investment fund. [9] McClure gained attention both for his opinionated blog 500 Hats (as of 2011 one of the ten most-read blogs on venture capital finance) [10] and as one of the so-called "Super Angel" investors [11] involved in the Angelgate controversy ...
As startups in Africa continue to grow and raise money at a ridiculous pace, so too will their cap tables expand. Most African startups' bulk of VC money is from foreign investors, making it ...