Dave McClure Launches 500 Durians

According to a filing with the S.E.C. (read here), Dave McClure launched a new international fund.

His 500 Startups is raising 500 Durians, L.P. a $10m pooled investment and venture capital fund reportedly focused on South East Asia. To this end, the Mountain View, CA-based firm hired Malaysian entrepreneur Khailee Ng as a venture partner.

500 Startups had previously launched 500 StartupWallah, a $5m fund focused on India (read here), and 500 Luchadores, which is focused on Mexico.

FinSMEs

31/05/2013

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