500 Startups
10 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Mar 4, 2021 by E-Ling Lim · across every show →
Everything said about 500 Startups, oldest first
Mar 4, 2021
Lim: Cambodian founders in 500 Startups programs work full-time jobs
“Today, when we work with a lot of people in Cambodia who are interested in pursuing that pathway, they are all doing side hustles, meaning they all have their full-time nine to five job, and only during the weekend they come and attend our programs.”
Mar 4, 2021 bullish
Lim: 500 Startups prioritizes future of work, agri-food, and education in 2021
“But I would say that this year itself, what are some of the areas that we are particularly interested in? Future of work and jobs, right? Productivity, those are definitely areas of interest. Anything that has to do with food, agri, it's also something of inte…”
Mar 4, 2021 neutral
Lim: 500 Startups Evaluates Every Startup Using 'Six Ts' Framework
“We still rely on a common formula called the six T's. So when we talk about the six T's, we look at trend, traction, total addressable market, technology, team. And then lastly, for investments, we look at the terms as well. But this five Key T's right outside…”
Mar 4, 2021 neutral
Mar 4, 2021 neutral
Mar 4, 2021
Lim: First-time founders need product-market fit before applying for accelerator funding
“Unfortunately, with all that's going on today, you do need to have that, you know, product market fit validation before you actually come and apply for either a program or funding. Unless, of course, you are someone who's done multiple exits, then that's a dif…”
Mar 4, 2021 negative
Lim: Accelerator Fees Filter Out Chronic Program Hoppers in Asia
“It's also a way for us to actually distinguish between startups who are really interested and committed to the program, Rather than really just joining programs after programs, and quite honestly, there's a lot of startups who do that in this part of the world…”
Mar 4, 2021 neutral
Mar 4, 2021 neutral
Lim: Many sleeper-hit unicorns in the 500 Startups portfolio are B2B SaaS
“In fact, a lot of the unicorns that we have are the ones that we call slipper hits actually, so not the obvious winners. But a lot of the slipper-hit unicorns that we have are actually B to B businesses, SaaS businesses, right?”