Technology startups are advancing in Europe even as economies slow amid a debt crisis that’s threatening credit ratings and governments in the region, Accel Partners Principal Philippe Botteri said.
Harvard University said James Breyer, a partner at venture-capital firm Accel Partners, joined the college’s governing body, known as the Harvard Corporation.
A few months after struggling to raise a new fund in 2005, Accel Partners bet $12.2 million on a website run by a college dropout. Seven years later, that wager is poised to be the most profitable ever for a venture firm.
The Bloomberg Advantage: Rowlands on Marketing, Bry on Drones