Dave McClure

“My role has been limited to focus on fiduciary obligations to our investors as a general partner of our funds.”

“I'm better than probably 90 percent of the people out there. Doesn't mean I'm smart; probably means I'm lucky.”

“Offline, anything is expensive. Online is much cheaper, usually, to do almost anything.”

“I think 'Shark Tank' is targeting companies that are really trying to raise their very first dollar. A lot of them aren't really tech focused. We're definitely going after companies that are building real technology, either software or hardware, they probably have raised a couple hundred thousand already.”

“There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.”

“'Bazillion Dollar Club' follows six struggling startups trying to get their products together.”

“The reason we invest globally is because we think that's where a lot of the growth is happening: around the world.”

“We often say if you have traction, lead with traction. Talk about specific customers, usage numbers, revenue metrics - anything like that that really is clearly explicit and factual. Get that out in front early.”

“We are trying to build large, lasting businesses.”

“I must say I have turned down several great companies, so I'd probably say I have to keep learning.”

“Europe is kind of fragmented. Africa is nascent; we've made a few investments, including four in Egypt. I visit 50-60 cities and 20-25 countries a year. The intent is to be a global fund, which takes time and prioritization.”

“I think you'll see a lot more people in the Valley get more involved in politics.”

“Sometimes, we nerds of technology sort of don't think that the rules necessarily apply to us in the same way, but I think when you produce products that hundreds of millions of people, if not billions of people, are using, we have the same responsibilities as any other person representing the Fourth Estate.”

“I made advances towards multiple women in work-related situations, where it was clearly inappropriate. I put people in compromising and inappropriate situations, and I selfishly took advantage of those situations where I should have known better. My behavior was inexcusable and wrong.”

“My personal failures aside, 500 has long supported a diverse community of entrepreneurs including women, minorities, LGTBQ, international, and other overlooked founders.”

“While I'd like to believe that I'm not a bad or evil person, regardless, it's clear that some of my past actions have hurt or offended several women. And I probably deserve to be called a creep.”

“Everybody in the industry thinks I'm the crazy person.”

“We think that there's a lot of opportunities in helping improve finding food, delivering food, ordering systems, notifications system, and its a very frequent purchase item for a lot of people.”

“We have to support the well-being of society.”

“With great power comes great responsibility. These are platforms with hundreds of millions of people.”