500 Startups

[Ha Nguyen]

Can someone help explain the legal structure of 500 Startups and how they tie the "Accelerator" part with the "Fund" part? I've heard that they were structured differently from the way Techstars and others were but I am unsure about the details. The explanation from Dave McClure on Quora didn't help because he only talked about the business model and not the legal structure (which owns which, how the fund flows, etc.).

Your help would be much appreciated!

Ha.

[Gobi Dasu]

+1 Would love to know as well. In fact one client of ours told me that they weren't even part of the accelerator program but they got funded by 500.

Regards,

Gobi Dasu (calendar)

Stanford CS · Northwestern HCI

LD Talent (demo)

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