Seed Stage

500 Startups Staffs Up in New York City, India

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 500 Startups Staffs Up in New York City, India

Mr. McClure, ringleader. (Photo: flickr.com/joi)

Goodness, the early-stage scene in New York City sure is getting crowded. Pretty soon investors are going to have to start throwing them ‘bows if they want to get past their competitors and reach the most promising founding teams for so much as a hi-how-are-you chat.

The news today, via TechCrunch: Dave McClure’s 500 Startups has just announced the addition of two “amazing geeks” to the team: Shai Goldman here in New York, and Pankaj Jain in India. They’ll be venture partners, focused on making deals in their respective locations. 

The announcement on the company’s blog explains the move:

Why India and New York? They’re both teeming with vibrant growth and change, not just in technology and business, but also in culture, fashion, sports, music, and media. This growth has been matched recently by a tremendous burst of innovation in tech startups, and people using this technology to solve real everyday problems.

500 Startups already has “~50-75 investments” here in town, ranging from MakerBot to DailyWorth, as well as a whole passel of mentors.

We hope this means Mr. McClure will be spending more time in New York City, the true spiritual home for anyone who drops so many f-bombs.

Follow Kelly Faircloth on Twitter or via RSS. kfaircloth@observer.com