Seed to Scale: Episode 23 with Rich Wong, GP at Accel
On his thesis of picks & shovels, early bets in mobile and why enterprise automation is the next big thing
Rich Wong is a General Partner at Accel, a global venture capital and growth equity firm. Rich’s investment focus is on software, internet services, and mobile technologies and he currently serves on the Boards of Atlassian, Checkr, Instabug, Osmo, Qwilt, ServiceChannel, Tune and UiPath. In June 2019, Accel had three prominent IPOs with Slack, CrowdStrike and Fiverr.
In this episode, Rich speaks with Eniac Founding General Partner nihal mehta on his thesis of picks and shovels and why he placed early bets across mobile with Admob and MoPub.
Rich shares his experience supporting Accel’s investments in Facebook and Slack as well as why he believes the reigning technology companies today are not immune to another generational disruption. He also speaks to opportunities in enterprise why companies are expanding globally faster than ever before.
As an investor in UiPath, Rich speaks to Enterprise Automation and why with the increasing pressure for companies to be digital-first it has become one of the fastest-growing industries.
He also talks family; The lessons of grit instilled in him by his immigrant parents as well as his approach to his own family and finding a balance between being there for his children and the CEOs during critical moments.