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by hitekker 3122 days ago
I would recommend adding a disclaimer to your comment, that 500Startups is one of the two principal investors in the startup you own and manage.

Otherwise, some may be inclined to question your motives.

Edit: The requested disclaimer has been added.

1 comments

Thanks! Done. Although I hope I was clear that my comment is general and not specific to the topic at hand. I just think people should share the facts but be careful about making assumptions.
Sure.

The facts are that David Mcclure is stepping down due to his long-term sexual harassement of women:

https://techcrunch.com/2017/07/01/500-startups-dave-mcclure-...

And is shutting down investment funds associated with him: https://betakit.com/500-canada-to-shut-down-fund-investments...

Considering the article above says 500 startups is refusing to pay its bills, one person sharing an anecdote of 500Startups being flakey and perhaps being oriented towards David's libido, doesn't seem alarmist or unreasonable at all.