Global

The Accel Effect

[source: Fortune India] Bengaluru-based entrepreneur Ryan Valles had a business meeting in Koramangala, a 30-minute drive from his home Lavelle Road. Like any resident, Valles knew the best way to get there was by autorickshaw, so hopped into the nearest one and asked the driver to head to Koramangala Club. So far, so ordinary.

“Are you going to the Accel office?” asked the auto driver, half-way through the trip. Valles was taken aback. He was, indeed, headed to the venture capital firm’s office, which is opposite the club, but he did not expect an auto driver to know that. In India’s startup city, it may not be too much to expect auto drivers to know the offices of prominent startups, but investors are not as famous.

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The Accel effect