WEBVTT 00:00:00.867 --> 00:00:03.869 [music plays] 00:00:03.869 --> 00:00:04.645 Go! 00:00:04.645 --> 00:00:08.201 I'm George Kellerman. I'm a venture partner at 500 Startups. 00:00:08.217 --> 00:00:11.643 I'm primarily responsible for fun-raising and investments in Japan, 00:00:11.643 --> 00:00:14.145 but another area of interest for me is video. 00:00:14.145 --> 00:00:16.099 One of the reasons why I'm interested in video personally 00:00:16.114 --> 00:00:19.611 is because I watch the way my daughters ages twelve and fourteen 00:00:19.611 --> 00:00:22.720 interact with YouTube and the way they use video. 00:00:22.766 --> 00:00:25.522 They were sitting in the living room with a laptop on their lap, 00:00:25.522 --> 00:00:28.811 not even paying attention to what's going on on the TV. 00:00:28.811 --> 00:00:32.365 So they're using video to finding their own favorite content, 00:00:32.365 --> 00:00:35.072 to use it as a radio source, they didn't even listen to the radio 00:00:35.072 --> 00:00:36.671 and they hardly use the iPods anymore. 00:00:36.671 --> 00:00:40.475 Video has been tremendously transformative over the last few years. 00:00:40.475 --> 00:00:42.883 We've seen YouTube develop as a platform, 00:00:42.883 --> 00:00:45.639 that it's a place where people interact with content, 00:00:45.640 --> 00:00:48.231 create content, share content. 00:00:48.231 --> 00:00:51.912 And we've seen new forms of content consumption come out of Youtube. 00:00:51.913 --> 00:00:55.777 It really made me realize that this is a very very powerful platform 00:00:55.777 --> 00:00:58.389 and here at 500 Startups we really like video, 00:00:58.389 --> 00:01:00.927 we're actually looking to invest more in video. 00:01:00.927 --> 00:01:05.068 We currently have about thirty companies in our portfolio that are video related. 00:01:05.068 --> 00:01:10.000 We've got companies such as Virool, Switchcam, Highlight Cam. 00:01:10.000 --> 00:01:11.622 We're also seeing companies like Ipsy 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. 00:01:17.337 --> 00:01:20.979 So, if you've got a product, service or idea 00:01:20.979 --> 00:01:23.579 that you think will transform the way that users use video, 00:01:23.579 --> 00:01:26.473 then you should really consider applying to our accelerator. 00:01:26.473 --> 00:01:28.221 We're currently accepting applications. 00:01:28.221 --> 00:01:31.720 Go to angel.co/500startups 00:01:31.720 --> 00:01:34.397 We'd love to see more products and services in this space. 00:01:34.397 --> 00:01:36.225 It's an area where we really want to invest in more. 00:01:36.225 --> 00:01:37.633 So show us what you can do. 00:01:37.633 --> 00:01:39.248 500 startups, out!