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Stock impact report

Accel earnestly rethinks early-stage startup investing in India [TechCrunch]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: TechCrunch
But yet, the partners leading the firm's early-stage accelerator program, called Atoms, are uncharacteristically introspective about their learnings and the changes they have been implementing to improve the odds of success. “One fundamental belief we have is that at some point of time, all VC firms look the same to a founder. It's just money,” said Prayank Swaroop, a partner at Accel, in an interview. All VC firms have also grown increasingly focused on making early-stage investments in India in recent years and finding the next Flipkart at the seed stage. The shift is primarily driven by the realization that India is not producing many billion-dollar exits, making it imperative to the VC funds to get in earlier to dramatically improve their returns. Accel has been trying to find the right fit for its early-stage accelerator program for nearly half a decade now. Before launching Atoms, the venture firm explored building a repository of knowledge base and community with Seed to Show less Read more
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