[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:00.87,0:00:03.87,Default,,0000,0000,0000,,[music plays]
Dialogue: 0,0:00:03.87,0:00:04.64,Default,,0000,0000,0000,,Go!
Dialogue: 0,0:00:04.64,0:00:08.20,Default,,0000,0000,0000,,I'm George Kellerman. I'm a venture partner at 500 Startups.
Dialogue: 0,0:00:08.22,0:00:11.64,Default,,0000,0000,0000,,I'm primarily responsible for fun-raising and investments in Japan,
Dialogue: 0,0:00:11.64,0:00:14.14,Default,,0000,0000,0000,,but another area of interest for me is video.
Dialogue: 0,0:00:14.14,0:00:16.10,Default,,0000,0000,0000,,One of the reasons why I'm interested in video personally
Dialogue: 0,0:00:16.11,0:00:19.61,Default,,0000,0000,0000,,is because I watch the way my daughters ages twelve and fourteen
Dialogue: 0,0:00:19.61,0:00:22.72,Default,,0000,0000,0000,,interact with YouTube and the way they use video.
Dialogue: 0,0:00:22.77,0:00:25.52,Default,,0000,0000,0000,,They were sitting in the living room with a laptop on their lap,
Dialogue: 0,0:00:25.52,0:00:28.81,Default,,0000,0000,0000,,not even paying attention to what's going on on the TV.
Dialogue: 0,0:00:28.81,0:00:32.36,Default,,0000,0000,0000,,So they're using video to finding their own favorite content,
Dialogue: 0,0:00:32.36,0:00:35.07,Default,,0000,0000,0000,,to use it as a radio source, they didn't even listen to the radio
Dialogue: 0,0:00:35.07,0:00:36.67,Default,,0000,0000,0000,,and they hardly use the iPods anymore.
Dialogue: 0,0:00:36.67,0:00:40.48,Default,,0000,0000,0000,,Video has been tremendously transformative over the last few years.
Dialogue: 0,0:00:40.48,0:00:42.88,Default,,0000,0000,0000,,We've seen YouTube develop as a platform,
Dialogue: 0,0:00:42.88,0:00:45.64,Default,,0000,0000,0000,,that it's a place where people interact with content,
Dialogue: 0,0:00:45.64,0:00:48.23,Default,,0000,0000,0000,,create content, share content.
Dialogue: 0,0:00:48.23,0:00:51.91,Default,,0000,0000,0000,,And we've seen new forms of content consumption come out of Youtube.
Dialogue: 0,0:00:51.91,0:00:55.78,Default,,0000,0000,0000,,It really made me realize that this is a very very powerful platform
Dialogue: 0,0:00:55.78,0:00:58.39,Default,,0000,0000,0000,,and here at 500 Startups we really like video,
Dialogue: 0,0:00:58.39,0:01:00.93,Default,,0000,0000,0000,,we're actually looking to invest more in video.
Dialogue: 0,0:01:00.93,0:01:05.07,Default,,0000,0000,0000,,We currently have about thirty companies in our portfolio that are video related.
Dialogue: 0,0:01:05.07,0:01:10.00,Default,,0000,0000,0000,,We've got companies such as Virool, Switchcam, Highlight Cam.
Dialogue: 0,0:01:10.00,0:01:11.62,Default,,0000,0000,0000,,We're also seeing companies like Ipsy
Dialogue: 0,0:01:11.65,0:01:17.34,Default,,0000,0000,0000,,which are using video as a way to sell their products and to make a connection with their users.
Dialogue: 0,0:01:17.34,0:01:20.98,Default,,0000,0000,0000,,So, if you've got a product, service or idea
Dialogue: 0,0:01:20.98,0:01:23.58,Default,,0000,0000,0000,,that you think will transform the way that users use video,
Dialogue: 0,0:01:23.58,0:01:26.47,Default,,0000,0000,0000,,then you should really consider applying to our accelerator.
Dialogue: 0,0:01:26.47,0:01:28.22,Default,,0000,0000,0000,,We're currently accepting applications.
Dialogue: 0,0:01:28.22,0:01:31.72,Default,,0000,0000,0000,,Go to angel.co/500startups
Dialogue: 0,0:01:31.72,0:01:34.40,Default,,0000,0000,0000,,We'd love to see more products and services in this space.
Dialogue: 0,0:01:34.40,0:01:36.22,Default,,0000,0000,0000,,It's an area where we really want to invest in more.
Dialogue: 0,0:01:36.22,0:01:37.63,Default,,0000,0000,0000,,So show us what you can do.
Dialogue: 0,0:01:37.63,0:01:39.25,Default,,0000,0000,0000,,500 startups, out!