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How Did Dave McClure End Up in Silicon Valley · The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch

20VC: 500 Startups' Dave McClure on Whether Unicorns Are Necessary For Venture Returns & Why Ownership Is Not The Math To Think About When Investing

Dave McClure is the founding partner of 500 Startups , who have made over 1500 investments in the likes of Twilio, SendGrid, Intercom and Makerbot just to name a few. Prior to 500 Dave was on the investment team at Founders Fund, he also led the Facebook Fund Incubator and was Head of Marketing @ Paypal pre IPO. In Today’s Episode with Dave You Will Learn…

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Notes

  1. Who Is Dave McClure at 0:00

    Dave McClure is the founding partner of 500 startups, made over 1500 investments, including Twilio, Send Grid, and Intercom. Full answer

  2. How Did Dave McClure End Up in Silicon Valley at 1:39

    From Dave's words: "I graduated from Johns Hopkins in Baltimore in 88 and came out to California in 89. Did some consulting, which grew into a small company. Full answer

  3. How Did Dave McClure Start Investing in Startups at 2:45

    After leaving PayPal around 2004, Dave started investing recreationally. Full answer

  4. What Did Dave McClure's Early Wins Have in Common at 5:12

    Although founders were compelling and the ideas were good, mostly non of the early winners in Dave's portfolio were oversubscribed. Full answer

  5. Does a Fund Need to Invest in a Unicorn Startup to See Good Returns at 6:26

    It helps but is not a requirement, depends on what you are trying to accomplish. Full answer

  6. What Did Dave McClure Learn From the PayPal Team? at 18:45

    Dave McClure told The Twenty Minute VC he will not quite claim a seat in the PayPal Mafia, because he has not built a billion-dollar company. Full answer

  7. Does the World Have Enough VCs and VC Money at 21:16

    Dave McClure thinks that although in hot startup areas, like Beijing and Silicon Valley, there is a lot of money, the rest of the world has very little in… Full answer

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