Matthew: Under 30% of Accel Portfolio Expected to Hit 2022 Plans
Arun Matthew · Accel, Iconiq & Salesforce Ventures: "Where Venture Is Right Now: Gritty & Much Harder" at G2 Reach · Dec 2, 2022 · at 10:53
Arun Matthew, Partner at Accel, discusses how macroeconomic headwinds and customer attrition are depressing operating plan attainment across Accel's SaaS portfolio.
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“So I would say less than half of our companies are hitting original 20, 20, 22 plans. And I think by the end of the year, you know, it'll probably be closer to 25 to 30% that we're seeing across a very large sample size.”
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