500 Startups is in quite of a unusual spot, for the reason that Dave McClure resigned as a GP from 500 Startups in July this 12 months after admitting to “multiple” advances towards girls and being a “creep.” Since then, there’s been a specter over the company’s program, particularly because it starts its demo day and begins to roll into the next elegance.
That gave the impression more true nowadays on the corporate’s 22nd Demo Day, with CEO Christine Tsai approaching level to make some remarks about some of the adjustments the company has began to make within the wake of what’s took place since.
“Back in August, I mentioned 500 aimed to be part of the solution when it comes to inclusion, diversity and addressing harassment,” Tsai mentioned. “One really can’t be addressed without the other. Right off the bat, we held numerous frank, honest discussions within the team as well as launching surveys to reach a common understanding… and [to figure out] where the 500 culture is doing well and where we’re falling short. We came away with a lot of great learnings, and we’re gonna continue to monitor this on a regular basis.”
So, attending to the demo day: We’ve famous earlier than that demo days will also be very worrying, and it may be arduous to get a just right learn on which firms are in point of fact the most productive ones with only a few mins of knowledge from one presentation. Nonetheless, some of them are certainly price highlighting in accordance with any selection of elements like the theory in the back of the corporate, the issue they are fixing, or the founding group.
That used to be true, once more, at 500 Startups’ 22nd Demo Day nowadays — so, right here are a couple of that stood out to us all over the several-hour marathon: