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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 email@example.com