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VCGuy

Believe me, it’s not... • 3d

Accel in India has come a long way. Entered 2008→ acq. Erasmic Venture Fund —transforming EVF’s $10 M seed fund into 'Accel Venture Fund I'. Fund II closed in 08' with $60 M. Fast forward to today, the latest fund has 10x’ed, closed at a $650 M co

Anonymous 1

Hey I am on Medial • 3d

Everyone loves to praise Accel's track record, but let's talk about their massive failures too. Remember Housing.com? Accel backed them in 2014 and we all know how that disaster ended with the CEO drama and fire sale. Or TaxiForSure that got crushed by Ola and Uber? For every Flipkart and Swiggy success story, there are dozens of failed investments they conveniently never mention. Their "hit rate" is probably around 10-15% at best - typical VC smoke and mirrors to only highlight the winners while quietly writing off the losers. Also, that $325M for Fund IV in 2015 looks like a typo, should be $325M not just $325.

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