Accel Partners, which is invested in all the companies you’ve heard of from BitTorrent to Facebook, as well as all the ones you haven’t, from Chakpak to YuMe, announced a year ago it had picked up a New York office in the Google building at 111 Eighth Ave. But apparently the venture capital firm was holding back. “The early plan was to use a rotating case of Accel investors from other offices— including Jim Breyer and Theresia Gouw Ranzetta. A sort of professional flophouse, if you will,” reports Dan Primack at Fortune.
Accel’s New York investments include but are not limited to Birchbox, Bonobos, Etsy, Lot18, Salescrunch, Loosecubes, Learnvest and BaubleBar (plus whatever fantasy football startups Mr. Eisenberg is sourcing right now). Betabeat called Accel’s office to find out how many staff are in New York—”I can’t tell you, because I don’t actually know”—and got transferred to Palo Alto. Sounds like Accel is yet to get rooted. S’okay, guys—we all know how tough it is to move to the city.