Dave McClure represents that egregious class of geeks whose success makes a suit consider the so-called “hoodie” path. Beyond founding 500 Startups and Geeks On A Plane, Dave has gone on a bender, trying to discover entrepreneurs in different corners of the world, bringing their emerging talents to the forefront.
Heading Paypal’s marketing in the 2000s, McClure was later given $3 million to manage the Founder’s Fund and Facebook Fund. This small pool of money led to the birth of 500 Startups. Why not help launch startups for cheap earlier where the cost impact can be minimized? Now McClure hopes to take his success to destinations like Latin America and India, where startup-dom is the new wave. Gigaom’s link provides a nice in-depth article into why McClure’ boyish dream may actually become a reality.