Dave McClure
Entrepreneur and angel investor
David "Dave" McClure is an entrepreneur and angel investor based in the San Francisco Bay Area, who founded the business accelerator 500 Startups (now 500 Global) and served as its CEO until his resignation in 2017. He founded Practical Venture Capital soon after, a new venture capital fund that would continue to work with companies he previously funded through 500 Startups.2
From Wikipedia’s article on Dave McClure (this version), CC BY-SA 4.0.
Born 1966.1
Companies
- 500 GlobalFounder10
Early life and education
- Date not recordedJohns Hopkins University3
Career
Occupation: entrepreneur, investor.5
- Date not recordedFounded 500 Global4
Personal life
Legal issues and controversies
Sexual harassment allegations
In 2017, McClure was identified in a New York Times article, along with Chris Sacca, 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. In response, he stepped down from day-to-day management in a post titled "I'm a Creep. I'm Sorry". He then denied the accusations and retracted his apology in another post that was then deleted. A few days later, McClure severed all ties with 500 Startups, resigning as general partner as well. Hours after McClure resigned, a fresh allegation surfaced against him, this time of sexual assault.
McClure later created a new venture capital fund, Practical Venture Capital, which aims to buy equity in companies he funded through 500 Startups.
From Wikipedia’s article on Dave McClure (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataDave McClure on Wikidata
- 2WikipediaDave McClure on Wikipedia
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- 8WikidataDave McClure: X, on Wikidata
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- 10Wikidata500 Global, Founder
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