Patrick Lor - Zealous Entrepreneur, Exit Maker, Investor & Tech Evangelist
Partner, 500 Startups Canada
An active investor, mentor and entrepreneur in the Canadian technology startup ecosystem, Patrick believes that Canada’s culture of cooperation and knowledge sharing are key elements for success in the startup community. As co-founder of iStockphoto, he helped pioneer the microstock industry – the world’s first crowdsourced stock photography community – disrupting the stock imagery marketplace. Upon his departure in 2006, the company was selling over 12 million images annually, and was sold to Getty Images for $50 million. Afterwards, he was head of North American operations for Fotolia, a stock photography community acquired by Adobe for $800 million in 2014.
Currently, Patrick is Managing Partner at 500 Startups Canada, a $30M venture fund that seeks to become Canada’s most active seed stage investor in Canada. Overall, 500 Startups is headquartered in Silicon Valley with $330M in committed capital and 1,800 companies across 50+ countries. Other organizations he contributes to include: thea100.org, thec100.org, democampcalgary.com, University of Calgary, Mount Royal University, and Creative Destruction Labs West.