Saturday 26 May 2012

New investors looks for startups in India

Yes, it is true.  I just head that Dave McClure will be Visiting India to find out the Best Statups  ,    present in this reason.   Mr Dave is an Angel Investor from San Francisco and very popular figure with bankers, programmers and executives. 


His Future Plans in India

Mr Dave plans to provide funds to early-stage startups - He is  just  trying to look for people who can figure out how to convert an idea into an enterprise - with $10,000 to $250,000, along with hand-holding from its global network of 175 mentors, including tech executives, venture capitalists and intellectual-property experts. 
 McClure gets paid as a general partner and collects a cut of the fund's profits. He would not disclose the fund's returns. Punchd and TeachStreet, which were acquired by Google and Amazon.com, respectively, are among 500 Startups' winning investments.

The fund has invested in 300 companies, including Farmeron, a Croatian startup that makes software to help farmers organize data on their livestock, and Mexico's Ovia, which lets companies set up video interviews of job candidates. Both got the chance to operate out of 500 Startups' 10,000-square-foot Silicon Valley work space, where they learned from other companies in residence.

For more update Follow me on Twitter -https://twitter.com/#!/jimsharma007
or If you are a Startup  , wants fund , want a team to build your Idea- then you can ask me for consultation at jimmy@vinfotech.com

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