500 Startups Accelerator Is Taking Applications For The First Time, And AngelList Is Helping Out

Dave McClure's 500 Startups is looking for participants to join its next incubator program, which will run from October through January. And for the first time ever, it's going to open the process up to allow anyone to apply. To help with the process, 500 Startups Accelerator will be using AngelList to help it get through the process, making it the first incubator to leverage the platform for applications. McClure told me that historically, the program has avoided having an open application process and instead has taken on Accelerator startups only through referrals. So far, that has worked out just fine for 500 Startups -- it's had four successful incubator programs, usually with 20-35 startups participating.

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