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Accel has found a simple way to make it stand out from the crowd: it’s given each scout a bucketload of capital.
We thrive based on our ability to execute our scouts strategy. At the independent venture firms, you’ll generally find more innovation, resources, and community around scouts.
They’ll never get enough credit for this, but one thing Sequoia did was use scouts to radically increase the amount of diversity in the industry.
We’re seeing some investment in areas which are not the ones we’re spending a tonne of time on at seed-stage. Our starters community is taking our interest towards areas we didn’t know existed.
A lot of women entrepreneurs reach out to me, because there are still too few of us and it’s my mission to change that. The diligence items we go through as scouts also help me think more objectively about my own company.
Scout programs allow us to get companies on our radar early and widen our aperture.
