‘500 Startups’ Adds 21 New Companies

June 8, 2011 § Leave a comment

From Forbes Blog:

Tech accelerator 500 Startups has accepted 21 new companies, and none of these hot new entrepreneurs are your typical Silicon Valley soon-to-be CEO. For one, most of them are not from the U.S.:

500 Startups founder Dave McClure has been actively looking at companies internationally and in his latest selection of companies, 30% of the founders are from outside the U.S. The 21 new companies include entrepreneurs from Australia, Chile, Mexico, Estonia, Hong Kong, Japan, and Taiwan. An interesting tidbit is how he finds these new pieces of 500 Startups. It’s said that Dave McClure organizes something called Geeks on a Plane, a traveling squad of entrepreneurs and investors that travel around the world to South America, East Asia and Europe to find new batches of untapped talent. There are also a number of U.S. companies from outside Silicon Valley in his latest pick.

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