Today 500 Startups is announcing a $10 million fund built for mobile startups, seven years after Apple kicked off the mobile app revolution with the iPhone.
This fund — entitled “500 Mobile Collective” — isn’t the first of its kind. 500 Startups isn’t new to the mobile industry, nor has it only just realized the significance of smartphones. New 500 Startups investing partner Edith Yeung laughed off jokes about the staleness of “going mobile” in a call with VentureBeat last week.
