WEBVTT 00:00:00.805 --> 00:00:04.413 [music plays] 00:00:04.413 --> 00:00:05.247 Go! 00:00:05.247 --> 00:00:08.346 I'm George Kellerman. I'm a venture partner at 500 Startups. 00:00:08.346 --> 00:00:11.716 I'm primarily responsible for fund-raising and investments in Japan, 00:00:11.716 --> 00:00:14.117 but another area of interest for me is video. 00:00:14.117 --> 00:00:16.289 One of the reasons why I'm interested in video personally 00:00:16.289 --> 00:00:19.458 is because I watch the way my daughters ages twelve and fourteen 00:00:19.458 --> 00:00:22.792 interact with YouTube and the way they use video. 00:00:22.792 --> 00:00:25.930 They were sitting in the living room with a laptop on their lap, 00:00:25.930 --> 00:00:29.159 not even paying attention to what's going on on the TV. 00:00:29.159 --> 00:00:32.571 So they're using video to find their own favorite content, 00:00:32.571 --> 00:00:35.106 to use it as a radio source, they didn't even listen to the radio 00:00:35.106 --> 00:00:36.707 and they hardly use their iPods anymore. 00:00:36.707 --> 00:00:41.075 Video has been tremendously transformative over the last few years. 00:00:41.075 --> 00:00:43.244 We've seen YouTube develop as a platform, 00:00:43.244 --> 00:00:46.076 that it's a place where people interact with content, 00:00:46.076 --> 00:00:48.244 create content, share content, 00:00:48.244 --> 00:00:52.355 and we've seen new forms of content consumption come out of YouTube. 00:00:52.355 --> 00:00:55.909 It really made me realize that this is a very very powerful platform 00:00:55.909 --> 00:00:58.430 and here at 500 Startups we really like video, 00:00:58.430 --> 00:01:00.998 we're actually looking to invest more in video. 00:01:00.998 --> 00:01:05.369 We currently have about thirty companies in our portfolio that are video related. 00:01:05.369 --> 00:01:10.541 We've got companies such as Virool, Switchcam, Highlight Cam. 00:01:10.541 --> 00:01:12.210 We're also seeing companies like Ipsy 00:01:12.210 --> 00:01:17.582 which are using video as a way to sell their products and to make a connection with their users. 00:01:17.582 --> 00:01:20.992 So, if you've got a product, service, or idea 00:01:20.992 --> 00:01:24.254 that you think will transform the way that users use video, 00:01:24.254 --> 00:01:26.457 then you should really consider applying to our accelerator. 00:01:26.457 --> 00:01:28.226 We're currently accepting applications. 00:01:28.226 --> 00:01:31.826 Go to angel.co/500startups 00:01:31.826 --> 00:01:34.433 We'd love to see more products and services in this space. 00:01:34.433 --> 00:01:36.267 It's an area where we really want to invest in more. 00:01:36.267 --> 00:01:37.908 So show us what you can do. 00:01:37.908 --> 00:01:41.908 500 startups, out! [music rises, then fades]