FABulous funding Wednesday: from gay social network to billion-dollar design store
It was a big day for funding today. Here's the quick overview.
It was a big day for funding today. Here's the quick overview.
Dave McClure is one of the most prominent angel investors in Silicon Valley -- and possibly the world. His accelerator, 500 Startups, will fund its 500th company sometime this year. And no, in answer to "all the stupid questions," 500 Startups will not shut its doors after reaching that number.
He may also take the prize for most F-bombs per sentence of any investor.
In another sign that China is moving up the food chain in manufacturing, Intel said today it has opened its first-ever chip manufacturing plant in Dalian, China.
The $2.5 billion factory, which is the size of bout 23 football fields, …