1 00:00:00,867 --> 00:00:03,869 [music plays] 2 00:00:03,869 --> 00:00:04,645 Go! 3 00:00:04,645 --> 00:00:08,201 I'm George Kellerman. I'm a venture partner at 500 Startups. 4 00:00:08,217 --> 00:00:11,643 I'm primarily responsible for fun-raising and investments in Japan, 5 00:00:11,643 --> 00:00:14,145 but another area of interest for me is video. 6 00:00:14,145 --> 00:00:16,099 One of the reasons why I'm interested in video personally 7 00:00:16,114 --> 00:00:19,611 is because I watch the way my daughters ages twelve and fourteen 8 00:00:19,611 --> 00:00:22,720 interact with YouTube and the way they use video. 9 00:00:22,766 --> 00:00:25,522 They were sitting in the living room with a laptop on their lap, 10 00:00:25,522 --> 00:00:28,811 not even paying attention to what's going on on the TV. 11 00:00:28,811 --> 00:00:32,365 So they're using video to finding their own favorite content, 12 00:00:32,365 --> 00:00:35,072 to use it as a radio source, they didn't even listen to the radio 13 00:00:35,072 --> 00:00:36,671 and they hardly use the iPods anymore. 14 00:00:36,671 --> 00:00:40,475 Video has been tremendously transformative over the last few years. 15 00:00:40,475 --> 00:00:42,883 We've seen YouTube develop as a platform, 16 00:00:42,883 --> 00:00:45,639 that it's a place where people interact with content, 17 00:00:45,640 --> 00:00:48,231 create content, share content. 18 00:00:48,231 --> 00:00:51,912 And we've seen new forms of content consumption come out of Youtube. 19 00:00:51,913 --> 00:00:55,777 It really made me realize that this is a very very powerful platform 20 00:00:55,777 --> 00:00:58,389 and here at 500 Startups we really like video, 21 00:00:58,389 --> 00:01:00,927 we're actually looking to invest more in video. 22 00:01:00,927 --> 00:01:05,068 We currently have about thirty companies in our portfolio that are video related. 23 00:01:05,068 --> 00:01:10,000 We've got companies such as Virool, Switchcam, Highlight Cam. 24 00:01:10,000 --> 00:01:11,622 We're also seeing companies like Ipsy 25 00:01:11,653 --> 00:01:17,337 which are using video as a way to sell their products and to make a connection with their users. 26 00:01:17,337 --> 00:01:20,979 So, if you've got a product, service or idea 27 00:01:20,979 --> 00:01:23,579 that you think will transform the way that users use video, 28 00:01:23,579 --> 00:01:26,473 then you should really consider applying to our accelerator. 29 00:01:26,473 --> 00:01:28,221 We're currently accepting applications. 30 00:01:28,221 --> 00:01:31,720 Go to angel.co/500startups 31 00:01:31,720 --> 00:01:34,397 We'd love to see more products and services in this space. 32 00:01:34,397 --> 00:01:36,225 It's an area where we really want to invest in more. 33 00:01:36,225 --> 00:01:37,633 So show us what you can do. 34 00:01:37,633 --> 00:01:39,248 500 startups, out!