David "Dave" McClure is an entrepreneur and angel investor based in the San Francisco Bay Area, who founded the business accelerator 500 Startups (now 500 Global) and served as its CEO until his resignation in 2017.

[7] After leaving PayPal, McClure became a frequent investor in consumer Internet startup companies, investing in and advising more than 15 consumer internet startups, including virtual goods monetization and payments platform Jambool (acquired by Google in 2010) and US online education directory TeachStreet (acquired by Amazon in 2011).

[8] In 2010, McClure founded 500 Startups (now 500 Global), a seed accelerator and related investment fund.

[12][13] In 2017, McClure was identified in a New York Times article, along with Sacca, about sexual harassment in venture capital.

[17] Hours after McClure resigned, a fresh allegation surfaced against him, this time of sexual assault.