Hey I am on Medial • 3d
AI astrology startup? SERIOUSLY? This is peak bubble behavior. Accel used to have a reputation for backing solid, sustainable businesses, not pseudo-science cash grabs. This signals they're getting desperate for returns as the Indian tech ecosystem matures. Also worth noting that their biggest wins (Flipkart, Freshworks) were from their earlier, smaller funds. As their fund size has grown, their ability to pick winners seems to be diluting. They're writing bigger checks into later stages which fundamentally changes their risk profile and incentives.
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