Miles Clements

Partner, Accel · 1 appearance on the record.

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investor@Mkclements ↗accel.com/people/miles-clements ↗

Miles Clements joined Accel in 2009 as its first associate and helps lead the firm's growth fund, focusing on enterprise software and developer tools. He has backed companies including Cursor, Linear, Laravel, and Atlassian, and oversees Accel's Ignite program.

7statements → 2claims → 0claims resolved → 3.57/5average certainty → 1.86/5average debate potential → ≈4.0/5argument clarity, estimated →

2 not yet assessed how the 2 claims stand · each chip opens the sources

1 prediction · 1 assertion · 1 opinion · 1 insight · 3 disclosures · every statement was checked. The prediction and assertion are the 2 claims: statements the public record can support or contradict. 0 are resolved, 2 are not yet assessed. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Miles argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Miles Clements on measured tape to publish a rate. This says nothing about how they speak.

What they said7 Episodes1

Everything Miles Clements said on Sourcery that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Open · timeframe Jul 2026

Clements: 7x more CFOs are telling developers to increase AI token spending

“We did this survey of developers, and we asked them how many of them had a CFO who was telling them to spend less on Consumption versus more, and we actually found that seven times more companies are being told to, like, let it rip and spin more.”

Miles Clements Jul 6, 2026 ▶ 43:09 Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Molly O'Shea

Opinion

Clements: OpenAI and Anthropic parallel Facebook's platform era

“The thing that still kind of inspires us, you know, through the Facebook parallel was, it was like the first platform company that we saw. So all the companies As associates that we were building relationships with, we're figuring out how they could like build…”

Miles Clements Jul 6, 2026 ▶ 2:57 Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Molly O'Shea

Insight

Clements: VCs must know who will win before the first meeting

“Like, you have to have an outside-in viewpoint on which company is going to win before you even get the first meeting, and then you have to really show up and add some value and you know, Convince this entrepreneur that there's a compelling reason to work with…”

Miles Clements Jul 6, 2026 ▶ 7:44 Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Molly O'Shea

Disclosure

Clements: Accel has assembled a $7 billion portfolio of AI investments

“So holistically, when we reflect on our work over the last couple of years, I think what we see is A seven billion dollar portfolio of really thoughtful, nuanced investments that we've selected very carefully.”

Miles Clements Jul 6, 2026 ▶ 13:25 Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Molly O'Shea

Prediction Open · timeframe Jul 2031

Clements: The market will see $10 trillion companies in the next cycle

“I mean, if you think about it, 10 years ago, there were zero publicly traded companies worth a trillion dollars. Five years ago, there were five companies worth a trillion dollars. As of today, there's 14 with probably three or four private companies that are …”

Miles Clements Jul 6, 2026 ▶ 17:20 Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Molly O'Shea

Disclosure

Clements: Accel's $150M PIPE investment in Nebius is up 13x in 16 months

“16 months ago, a hundred and fifty million dollar investment that I think is up 13 x today, and the world is now awakened to this company and how special it could potentially be.”

Miles Clements Jul 6, 2026 ▶ 27:18 Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Molly O'Shea

Disclosure

Clements: Accel Doubled Down on Cursor as a Workflow Choke Point

“We were investors in cursor at the time, but we certainly saw a lot of, you know, cursor as a choke point for downstream workflow creation and downstream tool recommendation. That probably emboldened us to make our second investment in cursor.”

Miles Clements Jul 6, 2026 ▶ 33:47 Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Molly O'Shea

Appearances (1)

Episode	Date	Speaking time
Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Mol	Jul 6, 2026	11m

Miles Clements

The record, in short

How they sound: not measured why? →

Appearances (1)

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