500 startups later: Dave McClure rates his own startup and the “genius emerges slowly” theory

Gigaom

When you come to a 500 Startups demo day event, you’d be hard-pressed to miss Dave McClure. Clad in his black 500 Startups t-shirt, jeans and flip-flops, he is a force on stage. McClure grabs the mic to introduce each startup before its pitch, jamming with the founders when their intro music comes on, and heckling a few of them in the process. That means that in the span of a few hours, it’s not uncommon to see McClure do the robot or dance as hard as the founders themselves.

This past June, McClure and his team had reason to celebrate — 500 Startups, the seed investment venture capital firm he founded in 2010, hit its namesake number of investments. But more broadly, McClure and his team are growing into their role as investors, figuring out how to scale the business. My colleague Katie Fehrenbacher profiled McClure’s investment thesis…

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