When the 30 startups who make up the current class at the 500 Startups accelerator showed off their products on Tuesday, they spoke to a crowded room of entrepreneurs, reporters, and other Silicon Valley denizens—but it was clear who really mattered.
Every attendee had a name tag, but it was the venture capitalists and angel investors who received tags of a special color (in this case, blue) to make them easier to spot. And even though there's no shortage of incubators in the Valley—programs that usually offer mentorship, desk space, and a small amount of funding to entrepreneurs in their earliest development stage—there still seemed to be plenty of investors looking for the next fledgling Facebook.
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