Sources: top Monzo shareholders, including Accel and Iconiq, are pushing to oust Chair Gary Hoffman and retain CEO TS Anil, who is in the role until February
Investors including Accel and Iconiq are also pressing for greater board representation for shareholders
An interview with Accel's Harry Nelis, who led early investments in Zepz and Kayak, on how the European startup industry has changed, the AI boom, and more
Tim Bradshaw / Financial Times :
Ema, a generative AI startup aiming to build a “universal AI employee” to automate mundane tasks, emerges from stealth and raised $25M from Accel and others
Ingrid Lunden / TechCrunch :
Black tech founders say VCs should move past diversity theater, addressing the lack of top-level black investors and investment in black-run startups
representing just seven black people at the 102 largest venture capital firms in the United States.” https://twitter.com/... Nitasha Tiku / @nitashatiku : New from me, featuring @tiffani @km @TheValue...
Stewart Butterfield wanted to return money to investors after his startup Glitch failed, but Accel refused, which led to its 24% stake in Slack at its IPO
Stewart Butterfield wanted to quit and give the money back to investors. They wouldn't let him. — Stewart Butterfield loved the game, but not enough people agreed with him. Tweets: @lizette_chapman...