Dave McClure

Dave McClure

Dave McClure is an entrepreneur and prominent angel investor based in the San Francisco Bay Area, who founded and runs the business incubator "500 Startups". He is often described as one of the super angel investors.

Contents

Bio

McClure was born in and grew up in West Virginia. He graduated from Johns Hopkins University in 1988 with a Bachelor of Science in "Mathematical Sciences Engineering".

Technology startups

McClure founded Aslan Computing, a technology consultancy, in 1994, and later sold the company to Servinet/Panurgy in 1998. He later worked as a technology consultant to Microsoft, Intel, and other companies. He was Director of Marketing at PayPal from 2001 through 2004. He founded and ran marketing for Simply Hired in 2005 and 2006.[1]

After leaving PayPal, McClure became a frequent investor in consumer Internet startup companies.[2] He led the fbFund incubator on behalf of Facebook.[3]

McClure gained attention both for his opinionated blog 500 Hats (as of 2011 one of the ten most-read blogs on venture capital finance),[4] and as one of the so-called "Super Angel" investors[5] involved in the Angelgate controversy.[6][7]

500 Startups

500 Startups is a business accelerator and related investment fund McClure founded in 2010.[8] The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February, 2011.[9] They expanded to a second class of 21 in June 2011, bringing the total number of investments to 140, including investments in myGengo and Udemy.[10][11][12][13]

External links

References

  1. ^ "Dave McClure". Web 2.0 Summit. http://www.web2summit.com/web2010/public/schedule/speaker/362. 
  2. ^ Hamilton, Anita (March 14, 2011). "Work Like It's 1999: High-Tech Incubators". Time Magazine. http://www.time.com/time/magazine/article/0,9171,2056652,00.html. 
  3. ^ Ha, Anthony (February 10, 2011). "Dave McClure’s 500 Startups opens an incubator". VentureBeat. http://venturebeat.com/2011/02/10/500-startups-accelerator/. 
  4. ^ Austin, Scott (January 20, 2011). "The Most-Read Blogs by Venture Capitalists". Wall Street Journal. http://blogs.wsj.com/digits/2011/01/20/the-most-read-blogs-by-venture-capitalists/?KEYWORDS=dave+mcclure. 
  5. ^ Saint, Nick (October 4, 2010). "Dave McClure". Business Insider. http://www.businessinsider.com/who-are-the-super-angels-a-comprehensive-guide-2010-10#500-startups-1. 
  6. ^ Maggie Shiels (September 23, 2010). "'Angelgate': A tech conspiracy?". BBC. http://www.bbc.co.uk/blogs/thereporters/maggieshiels/2010/09/angelgate_-_a_tech_conspiracy.html. 
  7. ^ "After Quiet Dinner, Angels Get Indigestion". New York Times. September 22, 2010. http://dealbook.blogs.nytimes.com/2010/09/22/a-quiet-angel-investors-dinner-turns-noisily-public/. 
  8. ^ Rosoff, Matt (February 11, 2011). "Exclusive: The Controversial Dave McClure Tells All". Business Insider. http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/02/11/businessinsider-angel-investor-dave-mcclure-interview-2011-2.DTL#ixzz1FsbxEPyI. 
  9. ^ Tsotsis, Alexia (June 9, 2011). "500 Startups Unveils 2nd Batch: 21 Startups". TechCrunch. http://techcrunch.com/2011/06/09/500-startups-unveils-its-2nd-batch-from-foodspotting-for-fashion-to-iron-chef-in-your-livingroom/. 
  10. ^ Ha, Anthony (June 9, 2011). "500 Startups accelerates 21 new companies". Venture Beat. http://venturebeat.com/2011/06/09/500-startups-accelerator-second-class/. 
  11. ^ Rosoff, Matt (June 9, 2011). "Angel Dave McClure Just Wrote A Check To The Company That Got Him VERY Excited". Business Insider. http://www.businessinsider.com/angel-dave-mcclure-just-wrote-a-check-to-the-company-that-gave-him-a-raging-boner-2011-6#ixzz1PhPl1f00. 
  12. ^ Toto, Serkan. MyGengo Is Mechanical Turk For Translations. The Washington Post. January 11, 2010.
  13. ^ Toto, Serkan. Udemy Scores $1M In Seed Funding, Aims To Democratize Online Learning. TechCrunch. August 31, 2010.

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