Review on 500 Startups by Douglas Cachazo
500 Startups: Powerful financial firm with fund to support startups
Many ventures would remain on paper or idea if there were no funding for different projects, it is possible that some projects do not require a lot of money but usually something is needed, that is where financial companies play an important role, ready to inject money to incubators or directly to mentors.
500 Startups, hand in hand with the globalization process, has financed through its acceleration program that operates almost worldwide. Thanks to this program, almost 5 thousand entrepreneurs and more than 2 thousand companies around the world have been favored.
The way it operates is very similar to most of the large incubators accelerators, financing stage, granting mentors to successfully launch the venture, then do not leave the entrepreneur alone, it goes to the stage of monitoring and marketing with which they make use of their strategic partnerships. The entrepreneur or company will never be adrift, will be accompanied throughout the process and beyond.
The project not only finances and incubates, it also has a plan to attract investors worldwide, any person or company can enter the financier program, it is only required to meet some requirements, especially data on income and capital to invest, source of funds. The company has a strong investment capital from its powerful investors, the largest of which are companies. Recall that the capital is used for high-risk investments, there are ventures that for some reason fall which translates into the impossibility of return on investment, but the other side of the coin is that generally earn good money and shares of successful cases.
Pros
- Company with strong investor capital
- Incubate ventures anywhere
- Statistics of successful cases are in their favor.
- Locations in over 20 countries around the world
Cons
- Nothing to say
