2. 500 Startups is an Active and Global Early-Stage Investor
Since July 2010$390M+ in Capital Committed1 2,000+ Portfolio Companies
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8. THROUGH CRYPTO-
ECONOMICS
A study of how to use digital
incentives to drive distribution of
resources and behaviors on a
decentralized network that leads to
some globally desired outcome (e.g.
improved security).
This requires a wide spectrum of
expertise from game theory,
behavioral economics to math, logic,
distributed computing and bc.
15. FUNDRAISING
LANDSCAPE IS
CHANGED FOREVER
Both VCs and public market fund investors need
to adopt
Pure ICOs will fizzle out replaced by hybrid of
equity + token offerings for fundraising
Digitization of existing asset classes will
accelerate
Fully compliant professional players entering
market
17. WHEN CRYPTO MEETS
REGULATIONS
2018 is the year regulators will come down
hard on fraudulent ICOs that has no
underlying business to back up the token
Step up self-regulation of token projects
Existing fully compliant players entering
the market
18. SIMPLIFY AND STREAMLINE
COMPLIANCE WITH KYC
A Thomson Reuters survey found that
Financial Institutions are spending on
average $60 million per year on
compliance with KYC.
Financial Institutions, the opportunity to vastly reduce
overheads needed to meet KYC regulations while providing
secure and simple systems
Need for debit/ credit/ atm cards or even smartphone
payment systems could also be eliminated
19. # 5 – Don’t Lose Sight of the Big
Picture
77% OF CIOS HAVE ‘NO PLANS’ FOR BLOCKCHAIN
: Private chains are like the intranet of the 90s. Security wise, one is controlled by Proof of Work or similar algorithms where as private one just as vulnerable as any centralized systems. Examples of consortium chains: R3 (Banks), EWF (ENergy), B3i(Insurance). As you can see the differences are on the infrastructure level (security, performance,…) and the level of business model (who is able to participate, think outside the box,…). So start thinking from the business and not the technology point of view. Are there requirements to share information or processes with business partners which are not digitally integrated today? Do you want to get in cooperation with new partners? Do you have the requirement to give third parties access to a subset of the transaction data to verify them? In that cases, the public blockchain is an interesting opportunity for you. If you have very hard regulatory or special data security and data protection requirements and are you working in a predefined, stable partner network? Then a permissioned chain may be a good option for you