Thank you Accel!

Wow!!! Accel Partners just raised $1bn in this awful market. I have never had Accel as an investor in any of my companies but over the years I have met some of the partners such as Simon Levene had a good overall impression of the firm overall (although my favorite VCs are still Index Ventures). Still it seems that some guys with serious investment funds were impressed enough to entrust a billion dollars to Accel. All this while LPs are supposed to be defaulting on Vcs. Impressive and maybe a good sign of a market turnaround.

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