Startup culture is increasingly moving from the U.S. and the U.K. to the developing world. Nothing is a better example of this new cultural universality than Le Web, this week's tech conference in Paris, where 3,500 people from 60 countries have come to see each other and worship at the altar of innovation.
When it comes to Silicon Valley startups, success stories are a dime a dozen. Where it really gets interesting is when you start talking failure. And no one has a more unique view on failure than Dave McClure, founding parter of VC and incubator firm 500 Startups.
One man in Silicon Valley is trying to turn the venture capital industry on its head—by going outside Silicon Valley. Dave McClure, founder of the new SuperAngel/VC fund 500 Startups, travels all over the world looking for ideas and deals.
Starting Monday, startups that use the crowdsourced labor service Crowdflower will have the chance to receive investments of up to $10,000 each, courtesy of startup accelerator and seed fund 500 Startups.