Inside Accel's $4BN Growth Investing Machine | Cursor is Dead is Total BS: Here is Why | What Missing Rippling and ElevenLabs Taught Us

20VC

Mar 9, 2026

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Miles Clements is a Partner @ Accel where he helps to lead their growth fund. At Accel, Miles has led or invested in Atlassian, Cursor, Linear, and more.

In Today's Show We Discuss:

  • Where is True Alpha and Value in a World of AI

  • Why it is Total BS that Cursor is Dead

  • Why Cursor Were Not Wrong to Build Their Own Models

  • What is the Upside When Investing in Cursor at $27BN?

  • Do Sub $10BN Outcomes Even Matter to a Fund the Size of Accel?

  • Losing ServiceTitan: Investing Lesson Learned…

  • Missing Rippling: What We Learned

  • What is Accel's Win Rate

  • How VCs Approach Ownership Has Changed

  • Does Miles Feel Happier or Sadder to be an Anthropic Investor Post Pentagon Debacle

  • What Happens to Companies Like Miro and Snyk with High Prices to Live Upto?

  • Why it is a Great Time to Be Thoma Bravo and Vista

  • Why Founder-Led Companies Are Always Better

  • Why Would Any Founder Go Public Today

  • When is the Right Time to Take Chips Off The Table?

  • Should VC Firms Have Evergreen Funds and Be Responsible for Public Positions

  • You Can Pick Any VC to Join Accel, Who Does Miles Choose…

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