[wtvanhest]

Loverobots is 100% correct,

Accel Parters = $6B Assets Under Management (AUM)

DST = (Not sure about AUM, but they have about $1B in Facebook which is a relatively large amount, but they only invested $200m which is a very small amount compared with large mutual funds.)

Compared that to large asset managers and you can see they are very small:

Go to page 23, Accel would be ranked around 480 on the list with just $6B under management. (the numbers listed on that table are in millions, top asset managers have multi trillion dollars under management.)

http://www.towerswatson.com/assets/pdf/2942/PI500-Analysis.p...

Also it is worth noting that the companies he mentions like Fidelity are experts at valuing publicly traded companies where Accel etc. are experts at finding small, rapid growth companies.