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	<title>Betabeat &#187; 500 Startups Staffs Up in New York City, India</title>
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		<title>Betabeat &#187; 500 Startups Staffs Up in New York City, India</title>
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		<title>500 Startups Staffs Up in New York City, India</title>

		<comments>http://betabeat.com/2012/10/500-startups-new-york-india-shai-goldman-pankaj-jain-seed-early-stage/#comments</comments>
		<pubDate>Thu, 04 Oct 2012 15:25:08 -0400</pubDate>
					<link>http://betabeat.com/2012/10/500-startups-new-york-india-shai-goldman-pankaj-jain-seed-early-stage/</link>
			<dc:creator>Kelly Faircloth</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=65126</guid>
		<description><![CDATA[<p><div id="attachment_65153" class="wp-caption alignleft" style="width: 310px"><a href="http://nyobetabeat.files.wordpress.com/2012/10/2659065551_5427dde954.jpeg"><img class=" wp-image-65153 " title="2659065551_5427dde954" src="http://nyobetabeat.files.wordpress.com/2012/10/2659065551_5427dde954.jpeg?w=300" alt="" width="300" height="199" /></a><p class="wp-caption-text">Mr. McClure, ringleader. (Photo: flickr.com/joi)</p></div></p>
<p>Goodness, the early-stage scene in New York City sure is getting crowded. Pretty soon investors are going to have to start <a href="http://www.youtube.com/watch?v=2QWQVm9J5DM">throwing them 'bows </a>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.</p>
<p>The news today, <a href="http://techcrunch.com/2012/10/04/500-startups-nyc-india/">via TechCrunch</a>: Dave McClure's <a href="http://500.co/">500 Startups</a> 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. <!--more--></p>
<p>The announcement on the company's blog <a href="http://500.co/2012/10/04/shai-and-pankaj-joining/">explains the move</a>:</p>
<blockquote><p><strong>Why India and New York?</strong> 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.</p></blockquote>
<p>500 Startups already has "~50-75 investments" here in town, ranging from MakerBot to DailyWorth, as well as a whole passel of mentors.</p>
<p>We hope this means Mr. McClure will be spending more time in New York City, the true spiritual home for anyone who drops <a href="http://betabeat.com/2012/08/look-at-all-the-fucks-dave-mcclure-gives/">so many f-bombs.</a></p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_65153" class="wp-caption alignleft" style="width: 310px"><a href="http://nyobetabeat.files.wordpress.com/2012/10/2659065551_5427dde954.jpeg"><img class=" wp-image-65153 " title="2659065551_5427dde954" src="http://nyobetabeat.files.wordpress.com/2012/10/2659065551_5427dde954.jpeg?w=300" alt="" width="300" height="199" /></a><p class="wp-caption-text">Mr. McClure, ringleader. (Photo: flickr.com/joi)</p></div></p>
<p>Goodness, the early-stage scene in New York City sure is getting crowded. Pretty soon investors are going to have to start <a href="http://www.youtube.com/watch?v=2QWQVm9J5DM">throwing them 'bows </a>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.</p>
<p>The news today, <a href="http://techcrunch.com/2012/10/04/500-startups-nyc-india/">via TechCrunch</a>: Dave McClure's <a href="http://500.co/">500 Startups</a> 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. <!--more--></p>
<p>The announcement on the company's blog <a href="http://500.co/2012/10/04/shai-and-pankaj-joining/">explains the move</a>:</p>
<blockquote><p><strong>Why India and New York?</strong> 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.</p></blockquote>
<p>500 Startups already has "~50-75 investments" here in town, ranging from MakerBot to DailyWorth, as well as a whole passel of mentors.</p>
<p>We hope this means Mr. McClure will be spending more time in New York City, the true spiritual home for anyone who drops <a href="http://betabeat.com/2012/08/look-at-all-the-fucks-dave-mcclure-gives/">so many f-bombs.</a></p>
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