I think the article is pretty accurate about what to expect. The author’s view is grounded in reality. They are a business, but that doesn’t mean “the capitalists are in control”. I would like to think commenters have researched Accel’s prior fundings, but I know that is not likely. In short, they do not attempt to control companies. In 300 fundings, they have never attempted to take a majority stake in any company and do not hold majority stake in any company. They don’t do acquisitions.
Accel is probably one of the few equity groups that isn’t pure fucking evil. If anyone wants to pick a fight over that, fine, but at least research that company first.
I think the article is pretty accurate about what to expect. The author’s view is grounded in reality. They are a business, but that doesn’t mean “the capitalists are in control”. I would like to think commenters have researched Accel’s prior fundings, but I know that is not likely. In short, they do not attempt to control companies. In 300 fundings, they have never attempted to take a majority stake in any company and do not hold majority stake in any company. They don’t do acquisitions.
Accel is probably one of the few equity groups that isn’t pure fucking evil. If anyone wants to pick a fight over that, fine, but at least research that company first.