500 Startups appears to be on a mission to take over the world. With about 20 percent of its capital going to international companies, the seed fund and accelerator has expanded its scope to include India, Japan, China, Southeast Asia, Brazil and last year it snatched up LatAm startup accelerator, Mexican.VC, to aid with its efforts south of the border.
Looking to plant roots in the region, Dave McClure and company brought on Mexican.VC partners Cesar Salazar and Santiago Zavala, hiring them as its new Mexican venture partners. In February, 500 Startups Mexico City showed off its first batch of companies, and, now that it’s begun to hit its stride in Mexico, the accelerator is expanding its scope.
