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Om Malik is a San Francisco based writer, photographer and investor. Read More
Dave McClure’s 500Startups has officially invested in over 500 companies in more than 40 countries. And the pace and scope of its investment continues: it now has about 600 companies in its portfolio. And in order to keep finding and funding companies, McClure’s group has closed a $44 million fund, a big step up from its $29.4 million first fund that closed at the end of Dec 2011.) There are no plans to change the fund name to 1000Startups! PS: Check out our profile of McLure from last year.