David McClure

David McClure General Information

Description

Mr. David McClure is the Founder and serves as a General Partner at Practical Venture Capital. He serves as Advisor at Arben Ventures. He serves as Advisor at Acquire. He serves as an Advisor at Plural Capital, MediaSpike, and rpv. He has been a Silicon Valley entrepreneur and investor for over 25 years. He has invested in hundreds of startups around the world, including 5 IPOs and more than 15 unicorns (Credit Karma, Twilio, SendGrid, Lyft, The RealReal, Talkdesk, Grab, Intercom, Canva, Udemy, Lucid, GitLab, Reddit, Stripe, Bukalapak). Before launching PVC in 2019, he was the founding partner of 500 Startups, a global VC firm with >$500M AUM that has invested in over 2,500 companies and 5,000 founders across 75 countries. He created 20 VC funds under the 500 brand and invested in 20 other VC funds around the world. He began his investing career at Founders Fund, where he made seed-stage investments in 40 companies, resulting in 4 unicorns and 3 IPOs. He led the Credit Karma seed round in 2009 (acq INTU, >400X return). His $3M portfolio returned >$200M (~65X) in under 10 years. Before he became an investor, he was the Director of Marketing at PayPal from 2001-2004. He was also the founder/CEO of Aslan Computing, acquired by Servinet. He graduated from the Johns Hopkins University (BS in engineering / Applied Mathematics) in 1988.