The Ledger
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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.”
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.”
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.”