Dave McClure

Dave McClure

Angel investor, founder of the business accelerator 500 Startups
Date of Birth: 01.01.1966
Country: USA

Content:
  1. Dave McClure: A Trailblazing Venture Capitalist
  2. Career
  3. - Simply Hired (2005-2006):Held the position of Marketing Director.
  4. - Jambool (acquired by Google in 2010)
  5. Controversy and Departure

Dave McClure: A Trailblazing Venture Capitalist

Early Life and Education

Born and raised in West Virginia, Dave McClure graduated from Johns Hopkins University in 1988 with a Bachelor's degree in Mathematical Sciences.

Career

- Aslan Computing (1994-1998):Founded and later sold the technology company.

- Technology Consultant (1998-2001):Provided consulting services to Microsoft, Intel, and other tech giants.

- PayPal (2001-2004):Served as Director of Marketing at the payment company.

- Simply Hired (2005-2006):Held the position of Marketing Director.

Angel Investing and Startups

Following his departure from PayPal, Dave became an active angel investor, investing in over 15 internet startups, including:

- Jambool (acquired by Google in 2010)

- TeachStreet (acquired by Amazon in 2011)
500 Startups (2010-2017)

In 2010, Dave founded 500 Startups, a venture capital fund and startup accelerator. He served as its CEO until mid-2017.

Controversy and Departure

- 500 Hats Blog:Dave's blog gained notoriety as one of the most widely read venture capital blogs, leading to his involvement in the "Angelgate" controversy.

- Sexual Harassment Allegations:In 2017, The New York Times reported allegations of sexual harassment made against Dave by a female investor seeking employment at 500 Startups. He subsequently resigned as CEO, publishing a post titled "I'm a Creep. I'm Sorry."

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