Jump to content

Dave McClure: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
Rescuing 2 sources and tagging 0 as dead.) #IABot (v2.0
Bender the Bot (talk | contribs)
Bots
1,008,858 edits
m →Technology startups: HTTP → HTTPS for the BBC, replaced: =http://www.bbc.co.uk/ → =https://www.bbc.co.uk/
Line 24: Line 24:
In 2010, McClure founded [[500 Startups]] , a [[seed accelerator]] and related [[investment fund]].<ref name="bi">{{cite news|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/02/11/businessinsider-angel-investor-dave-mcclure-interview-2011-2.DTL#ixzz1FsbxEPyI|title=Exclusive: The Controversial Dave McClure Tells All|last=Rosoff|first=Matt|date=February 11, 2011|publisher=Business Insider}}</ref>
In 2010, McClure founded [[500 Startups]] , a [[seed accelerator]] and related [[investment fund]].<ref name="bi">{{cite news|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/02/11/businessinsider-angel-investor-dave-mcclure-interview-2011-2.DTL#ixzz1FsbxEPyI|title=Exclusive: The Controversial Dave McClure Tells All|last=Rosoff|first=Matt|date=February 11, 2011|publisher=Business Insider}}</ref>


McClure gained attention both for his opinionated [[blog]] ''500 Hats'' (as of 2011 one of the ten most-read blogs on [[venture capital]] finance),<ref>{{cite news|publisher=Wall Street Journal|url=https://blogs.wsj.com/digits/2011/01/20/the-most-read-blogs-by-venture-capitalists/?KEYWORDS=dave+mcclure|title=The Most-Read Blogs by Venture Capitalists|date=January 20, 2011|first=Scott|last=Austin}}</ref> and as one of the so-called "Super Angel" investors<ref>{{cite news|publisher=Business Insider|url=http://www.businessinsider.com/who-are-the-super-angels-a-comprehensive-guide-2010-10#500-startups-1|title=Who Are The Super Angels? A Comprehensive Guide|first=Nick|last=Saint|date=October 4, 2010}}</ref> involved in the [[Angelgate]] controversy.<ref name="bbc">{{cite news|publisher=BBC|url=http://www.bbc.co.uk/blogs/thereporters/maggieshiels/2010/09/angelgate_-_a_tech_conspiracy.html|title='Angelgate': A tech conspiracy?|author=Maggie Shiels|date=September 23, 2010}}</ref><ref>{{cite news|publisher=New York Times|url=http://dealbook.blogs.nytimes.com/2010/09/22/a-quiet-angel-investors-dinner-turns-noisily-public/|title=After Quiet Dinner, Angels Get Indigestion|date=September 22, 2010}}</ref>
McClure gained attention both for his opinionated [[blog]] ''500 Hats'' (as of 2011 one of the ten most-read blogs on [[venture capital]] finance),<ref>{{cite news|publisher=Wall Street Journal|url=https://blogs.wsj.com/digits/2011/01/20/the-most-read-blogs-by-venture-capitalists/?KEYWORDS=dave+mcclure|title=The Most-Read Blogs by Venture Capitalists|date=January 20, 2011|first=Scott|last=Austin}}</ref> and as one of the so-called "Super Angel" investors<ref>{{cite news|publisher=Business Insider|url=http://www.businessinsider.com/who-are-the-super-angels-a-comprehensive-guide-2010-10#500-startups-1|title=Who Are The Super Angels? A Comprehensive Guide|first=Nick|last=Saint|date=October 4, 2010}}</ref> involved in the [[Angelgate]] controversy.<ref name="bbc">{{cite news|publisher=BBC|url=https://www.bbc.co.uk/blogs/thereporters/maggieshiels/2010/09/angelgate_-_a_tech_conspiracy.html|title='Angelgate': A tech conspiracy?|author=Maggie Shiels|date=September 23, 2010}}</ref><ref>{{cite news|publisher=New York Times|url=http://dealbook.blogs.nytimes.com/2010/09/22/a-quiet-angel-investors-dinner-turns-noisily-public/|title=After Quiet Dinner, Angels Get Indigestion|date=September 22, 2010}}</ref>


In 2017, McClure was identified in a [[The New York Times|New York Times]] article about sexual harassment in venture capital. He was described as sending sexually inappropriate messages to a female investor, who later sought employment at his company. <ref>{{cite web|url=https://www.nytimes.com/2017/06/30/technology/women-entrepreneurs-speak-out-sexual-harassment.html|title=Silicon Valley Women, in Cultural Shift, Frankly Describe Sexual Harassment|last=McClure|first=Dave|work=nytimes|accessdate=30 June 2017}}</ref> In response, he stepped down from day-to-day management in a post titled "I'm a Creep. I'm Sorry."<ref>{{Cite news|url=https://500hats.com/im-a-creep-i-m-sorry-d2c13e996ea0|title=I’m a Creep. I’m Sorry. – 500 Hats|date=2017-07-01|work=500 Hats|access-date=2017-07-02|archive-url=https://web.archive.org/web/20170702005224/https://500hats.com/im-a-creep-i-m-sorry-d2c13e996ea0|archive-date=2017-07-02|url-status=dead}}</ref> A few days after, McClure severed all ties, resigning as general partner as well.<ref>{{Cite news|url=https://www.axios.com/exclusive-dave-mcclure-resigns-as-general-partner-of-500-startups-2452701900.html|title=Exclusive: Dave McClure resigns as general partner of 500 Startups funds|date=2017-07-03|work=Axios|access-date=2017-07-03|language=en}}</ref>
In 2017, McClure was identified in a [[The New York Times|New York Times]] article about sexual harassment in venture capital. He was described as sending sexually inappropriate messages to a female investor, who later sought employment at his company. <ref>{{cite web|url=https://www.nytimes.com/2017/06/30/technology/women-entrepreneurs-speak-out-sexual-harassment.html|title=Silicon Valley Women, in Cultural Shift, Frankly Describe Sexual Harassment|last=McClure|first=Dave|work=nytimes|accessdate=30 June 2017}}</ref> In response, he stepped down from day-to-day management in a post titled "I'm a Creep. I'm Sorry."<ref>{{Cite news|url=https://500hats.com/im-a-creep-i-m-sorry-d2c13e996ea0|title=I’m a Creep. I’m Sorry. – 500 Hats|date=2017-07-01|work=500 Hats|access-date=2017-07-02|archive-url=https://web.archive.org/web/20170702005224/https://500hats.com/im-a-creep-i-m-sorry-d2c13e996ea0|archive-date=2017-07-02|url-status=dead}}</ref> A few days after, McClure severed all ties, resigning as general partner as well.<ref>{{Cite news|url=https://www.axios.com/exclusive-dave-mcclure-resigns-as-general-partner-of-500-startups-2452701900.html|title=Exclusive: Dave McClure resigns as general partner of 500 Startups funds|date=2017-07-03|work=Axios|access-date=2017-07-03|language=en}}</ref>

Revision as of 15:53, 20 December 2019

For other people named David McClure, see David McClure (disambiguation).
Dave McClure
Dave McClure in August 2007
Born1966 or 1967 (age 57–58)[1]
West Virginia, United States
EducationJohns Hopkins University
Occupation(s)Entrepreneur, angel investor

Dave McClure is an entrepreneur and angel investor based in the San Francisco Bay Area, who founded the business accelerator 500 Startups, serving as CEO until his resignation in 2017.[2][3]

Biography

McClure was born in and grew up in West Virginia.[4] He graduated from Johns Hopkins University in 1988 with a Bachelor of Science in Mathematical Sciences Engineering.[5]

Technology startups

McClure founded Aslan Computing, a technology consultancy, in 1994, and sold the company to Servinet/Panurgy in 1998. He subsequently worked as a technology consultant to Microsoft, Intel and other high-tech companies. He was director of marketing at PayPal from 2001 through 2004. He then launched and ran marketing for Simply Hired in 2005 and 2006.[6]

After leaving PayPal, McClure became a frequent investor in consumer Internet startup companies, investing in and advising more than 15 consumer internet startups, including virtual goods monetization and payments platform Jambool (acquired by Google in 2010) and US online education directory TeachStreet (acquired by Amazon in 2011). During the summer of 2009, McClure was acting investment director for Facebook fbFund (a joint venture incubator/accelerator with prominent venture capital firms Founders Fund and Accel Partners), which provided early-stage capital to startups using Facebook Platform & Facebook Connect.[7]

In 2010, McClure founded 500 Startups , a seed accelerator and related investment fund.[8]

McClure gained attention both for his opinionated blog 500 Hats (as of 2011 one of the ten most-read blogs on venture capital finance),[9] and as one of the so-called "Super Angel" investors[10] involved in the Angelgate controversy.[11][12]

In 2017, McClure was identified in a New York Times article about sexual harassment in venture capital. He was described as sending sexually inappropriate messages to a female investor, who later sought employment at his company. [13] In response, he stepped down from day-to-day management in a post titled "I'm a Creep. I'm Sorry."[14] A few days after, McClure severed all ties, resigning as general partner as well.[15]

References

  1. ^ McClure, Dave. "late bloomer, not a loser. (I hope)". 500hats.com. Retrieved 2 September 2012.
  2. ^ "I'm a Creep. I'm Sorry. – 500 Hats". 500 Hats. 2017-07-01. Archived from the original on 2017-07-02. Retrieved 2017-07-02.
  3. ^ "Exclusive: Dave McClure resigns as general partner of 500 Startups funds". Axios. 2017-07-03. Retrieved 2017-07-03.
  4. ^ "From The Vault Dave McClure (500 Startups)". www.startupgrind.com. Retrieved 2017-05-02.
  5. ^ "Venture capitalist Dave McClure plays the odds when picking his next investment". The Hub. 2015-06-04. Retrieved 2017-05-02.
  6. ^ "Dave McClure, Master of 500 Hats". Web 2.0 Summit.
  7. ^ "Dave McClure", LinkedIn profile.
  8. ^ Rosoff, Matt (February 11, 2011). "Exclusive: The Controversial Dave McClure Tells All". Business Insider.
  9. ^ Austin, Scott (January 20, 2011). "The Most-Read Blogs by Venture Capitalists". Wall Street Journal.
  10. ^ Saint, Nick (October 4, 2010). "Who Are The Super Angels? A Comprehensive Guide". Business Insider.
  11. ^ Maggie Shiels (September 23, 2010). "'Angelgate': A tech conspiracy?". BBC.
  12. ^ "After Quiet Dinner, Angels Get Indigestion". New York Times. September 22, 2010.
  13. ^ McClure, Dave. "Silicon Valley Women, in Cultural Shift, Frankly Describe Sexual Harassment". nytimes. Retrieved 30 June 2017.
  14. ^ "I'm a Creep. I'm Sorry. – 500 Hats". 500 Hats. 2017-07-01. Archived from the original on 2017-07-02. Retrieved 2017-07-02.
  15. ^ "Exclusive: Dave McClure resigns as general partner of 500 Startups funds". Axios. 2017-07-03. Retrieved 2017-07-03.
Wikimedia Commons has media related to Dave McClure.
Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=Dave_McClure&oldid=931695451"