10 Facts About Dave McClure

David "Dave" McClure is an entrepreneur and angel investor based in the San Francisco Bay Area, who founded the business accelerator 500 Startups and served as its CEO until his resignation in 2017.

Dave McClure founded Practical Venture Capital soon after, a new venture capital fund that would continue to work with companies he previously funded through 500 Startups.

Dave McClure graduated from Johns Hopkins University in 1988 with a Bachelor of Science in Mathematical Engineering.

Dave McClure subsequently worked as a technology consultant to Microsoft, Intel and other high-tech companies.

Dave McClure was director of marketing at PayPal from 2001 through 2004.

Dave McClure then launched and ran marketing for Simply Hired in 2005 and 2006.

In 2010, Dave McClure founded 500 Startups, a seed accelerator and related investment fund.

Dave McClure gained attention both for his opinionated blog 500 Hats and as one of the so-called "Super Angel" investors involved in the Angelgate controversy.

Dave McClure then denied the accusations and retracted his apology in another post that was then deleted.

Dave McClure later created a new venture capital fund, Practical Venture Capital, which aims to buy equity in companies he funded through 500 Startups.