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Uk Practice Not on Par with Us

Fund: Accel Partners

Posted by Anonymous on 2007-08-17

PUBLIC:

I have met Accell on both sides of the pond and there is a clear divide -- with the UK on the losing end (soft ethics).

As an example, Accel still publisizes the hiring of the X-CEO of Sonera (incumbant operator from Finland). He left in a wave of shame - I beleive he even served jail time for his activities at Sonera. Bad corporate culture spreads -- I know them to back a company in Europe that is far from scrupulous and I oft wonder how far they go for deals. I would be leary of the UK branch.

US has some really good people - some of the best I've met in the industry.

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