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Thursday, May 10, 2012
?May The VCs Be Ever In Your Favor? ? Meet The Next 500 Startups Accelerator Class
Dave McClure's 500 Startups crew is at it again, with another group of 27 companies joining its incubator program. The new group of startups in the 500 Startups Accelerator follows a lot of the same trends from previous participants, as McClure & Co. continue to bet big on female entrepreneurs and international startups. There's also the continued focus on revenue-first startups, rather than those which need to hit "critical mass" before monetizing. Of the 27 companies, seven have at least one woman founder, and more than half of the startups are from outside Silicon Valley. Of those, 12 are from outside the U.S., hailing from locations such as Australia, Brazil, Canada, China, India, Italy, Japan, Mexico, the Philippines, Slovenia, and the U.K. Others come from U.S. cities that include Austin, Chicago, New York City, and Washington, D.C.
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