Dave McClure: hottest investments, favorite start-ups, biggest screwups, and clueless founders

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.

Weak technology weighs down Groupon’s sinking ship

Groupon’s first technology product Groupon Now appears to be a stinking dud, according to data released on Sunday. The Groupon Now mobile app chalking up some very dour numbers, according to a new report compiled by Yipit, an industry performance tracker. The app has generated approximately $2.6 million in gross sales nationwide in the six months since its launch in May of 2011.