Accel Partners’ Jim Breyer said if it were up to him he wouldn’t take LinkedIn Corp. public now.
Jim Breyer and Sean Parker, who were early stakeholders in Facebook Inc. and had a falling out at the company in 2005, agree on one thing: there’s too much capital flowing into Silicon Valley Internet startups.
Accel Partners’ Jim Breyer, an investor in Facebook Inc. and member of the board, said Chief Executive Officer Mark Zuckerberg is likely to always have control of the company.
Accel Partners, the venture firm that backed Facebook Inc. and Groupon Inc., isn’t just looking for the next great Internet startup. It’s looking for the next Walmart.com.
Facebook Inc., operator of the largest social-networking service, said Accel Partners’ James Breyer, an early investor in the company, won’t stand for re- election to the board.
"The fund was significantly oversubscribed, but we felt $100 million is the right size for seed and series A investments."
- Jim Breyer on Dec 04, 2014