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500 Startups

McClure: ‘If Sequoia Is The Yankees, We’re The Oakland A’s’

10 Apr, 2011

In an interview just after Demo Day, McClure talks about the perfect formula for a startup: (hacker + hustler + designer) and why the three Ds — Design, Data and Distribution — are important for young companies. He says that the fund basically makes its $25K to $250K bets on companies with simple revenue models. “Things that are easily understood and make money.” He compares the 500 Startups to baseball:

If Sequoia’s the Yankees, we’re the Oakland A’s

A reference to Michael Lewis’ Moneyball, a book that chronicles the unexpected success of underdog Oakland A’s because of their strategic building of a winning team.