500 Startups 500 Strong
5 Fast Ways To Know You’re Underpriced & How To Fix It
by Guest Author on January 7, 2020 at 8:46 pm
I see this far too often: earnest company joins me on an introductory call seeking advice on how to grow revenue and profit quickly. I ask them how they arrived at their current price for their product/service. Some fuzzy answer emerges. This gives me the opportunity to share my favorite “growth hack”—increase prices. As long as the company is open-minded enough to fully hear me out and willing to develop a game plan with me, prices can be increased shortly with no downside risk. I’ll say that again: no downside risk. Look, I’m really lucky to be a part-time Entrepreneur-In-Residence (EIR) at 500 Startups, one of the most active seed-stage investors on planet earth. From my vantage point as their ... Read More The post 5 Fast Ways To Know You’re Underpriced & How To Fix It appeared first on 500 Startups.
The Value of the 500 Seed Accelerator in 2019
by Natalie Riso on December 20, 2019 at 7:03 pm
Going into 2020, 500 will be entering it’s tenth year of operation. It’s been a crazy journey for us from a small first batch of startups in our Silicon Valley Accelerator to running accelerators across the globe and investing in founders from over 76 countries. While we have undoubtedly matured as a company, we continue to strive to make our Seed Accelerator one of the top programs to support founders and help them build companies at-scale. Over the past nine years, the venture capital landscape has dramatically changed. What previously defined a “seed” stage is no longer the case, as the average seed investment has gone from $0.5M to $2M. We’ve also seen an ever-expanding set of options for ... Read More The post The Value of the 500 Seed Accelerator in 2019 appeared first on 500 Startups.
Niama El Bassunie’s Mission to Unlock Trade in Africa
by Natalie Riso on December 17, 2019 at 10:04 pm
It is within 500’s DNA to invest in talented founders, no matter whether they are situated in Silicon Valley or on the other side of the world. Earlier this year, we partnered with Magnitt, one of the premier players in the MENA entrepreneurial ecosystem, to come out with a State of MENA Startups 2019¹. According to data collected by Magnitt and published in the report, our portfolio has a higher percentage of startups with at least one female founder than the average percentage of female-founded startups in all of MENA.² With all this data, we wanted to share some of the unique stories of these female founders in MENA. Niama El Bassunie founded WaystoCap in 2016 on a mission to ... Read More The post Niama El Bassunie’s Mission to Unlock Trade in Africa appeared first on 500 Startups.
¡Hola Batch 11 LatAm! These are the 9 Startups Joining our Latest Batch in Mexico City
by Rene Lomeli on December 17, 2019 at 2:00 pm
500 Startups is excited to announce the latest batch from our Seed Accelerator based in Mexico City. The Mexico City program focuses on providing mentorship and guidance to foster fast-paced growth for Spanish-speaking, early-stage companies based in Latin America. For this batch, our team assessed 1706 applications to participate in the acceleration program. Our final group of startups batch consists of founders from all over Latin America, including five companies from Mexico, one company from Chile, two companies from Colombia, and one company from Peru. The nine startups began the accelerator activities on November 25th at 500’s office in Mexico City. Throughout the four-month program, founders will put in hard work to prepare for Demo Day in March of 2020 ... Read More The post ¡Hola Batch 11 LatAm! These are the 9 Startups Joining our Latest Batch in Mexico City appeared first on 500 Startups.
The Future of Startup Ecosystems Across the Globe
by Natalie Riso on December 16, 2019 at 7:40 pm
The idea of being a founder has never been so popular around the world, so how is that going to change industries and entire regions? This year we dove headfirst into the rise of corporate venture capital, the changing nature of venture capital education, and the important task of startup ecosystem building. Fast Growing Corporate Venture Capital With headlines from Softbank, Google Ventures, Qualcomm Ventures and more, corporate venture capital is growing faster than ever. In 2018, we saw this trend reach new heights with more corporate venture capital (CVC) funds than ever. And in 2019, 500 decided to dive into CVC behavior in an unprecedented way. From May to July 2019, we surveyed over 100 unique corporate venture capital ... Read More The post The Future of Startup Ecosystems Across the Globe appeared first on 500 Startups.