What 500 Startups' purchase of Mexican.vc really means

Reblogged from VentureBeat:

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In early August, Dave McClure’s venture capital firm, 500 Startups, acquired Mexican.vc, a small VC that, well, invested in Mexican tech startup companies. The acquired VC, which co-founder David Weekly told me started as an email with the subject line something like “500 Sombreros” in late 2010, had progressed by mid-2012 to being the leading investor in a small but growing community of tech-oriented venture capitalists in Mexico.

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