Spotlight On is a podcast about how companies are built, from the people doing the building. We take you behind the scenes to hear from founders and builders about what they did, what they learned… and what they’ll never do again. This series is produced by Accel, a global venture capital firm. Learn more at Accel.com/SpotlightOn.

Spotlight On: AI
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Podcast Overview
Spotlight On is a podcast about how companies are built, from the people doing the building. We take you behind the scenes to hear from founders and builders about what they did, what they learned… and what they’ll never do again. This series is produced by Accel, a global venture capital firm. Learn more at Accel.com/SpotlightOn.
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Publishing Since
10/2/2023
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Recent Episodes

May 8, 2026
BONUS: Nebius’s Arkady Volozh on building in the agentic era
<p><a href="https://www.linkedin.com/in/arkady-volozh/"><u>Arkady Volozh</u></a> launched Nebius with one 25-megawatt data center and a belief that the AI era would require more infrastructure than anyone was building. Now, fresh off a round of major announcements—new company commitments, a deepening Nvidia partnership, and significant financing—Arkady joins us to look back on how far Nebius has come and where they’re headed next.</p><p>In this episode of Spotlight On, Arkady sits down with Accel’s <a href="https://www.accel.com/team/matt-weigand#bay-area"><u>Matt Weigand</u></a> to talk about how domain expertise became Nebius’s early edge, the financing logic behind its rapid expansion, and why competing with hyperscalers doesn’t keep him up at night.</p>

March 10, 2026
BONUS: Armadin's Kevin Mandia | On Redefining Security in a New Age of Threats
<p>When Armadin co-founder and CEO <a href="http://linkedin.com/in/kevin-mandia-0a07173/?lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3BF4bv%2FOS%2BRiWWj5e%2BPn6lAA%3D%3D" target="_blank" rel="ugc noopener noreferrer">Kevin Mandia</a> started his career, hacking was an under-the-radar nuisance. As our lives and financial systems moved online, everything changed. Mandiant, his first company, became the team that CEOs called during their worst breaches. Now, he believes cybersecurity is entering its biggest shift yet, and he’s founded Armadin to put the defenders back on offense.</p><p><br></p><p>In this episode of Spotlight On, Accel’s Ping Li talks with Kevin about his path from the U.S. Air Force to founding Mandiant and now Armadin. They dig into how hacking went from annoyance to national security threat, what’s different about today’s AI-enabled adversaries, and Kevin’s playbook for CEOs facing a breach.</p>

November 6, 2025
Q&A with Zhenya Loginov: the Euro founder flywheel, 2025 IPOs, and leveling up from PLG
<p>For our final episode of VBSR this season, Sara phones a friend. Accel’s Zhenya Loginov joins from London to talk about what defines the 2025 IPO, common PLG-to-enterprise pitfalls, and why today’s European founders look different. Plus: Zhenya’s startup green flags.</p><p><br></p><p>This Week’s Takeaways</p><ol><li><p><strong>IPOs are back. But they’ve changed.</strong> Not long ago, companies were going public before becoming profitable. After years of belt-tightening, 2025’s IPOs are disciplined companies with solid fundamentals, higher revenue, and durable growth trajectories.</p></li><li><p><strong>Don’t underestimate the PLG-to-enterprise transition</strong>. Zhenya calls it “Enterprise University,” since it often takes four years to execute well. His advice: start early, be ready for a steep learning curve, and don’t forget that user love will power new customer acquisition—so keep investing in product, too.</p></li><li><p><strong>The Euro founder flywheel is spinning. </strong>Healthy investment, a generation of unicorns, and a pandemic and AI boom that shifted the talent center of gravity have come together to reshape Europe’s startup ecosystem. Today’s founders began their careers at early-stage startups that went on to become industry-defining companies. They know how to build and understand what “good” looks like.</p></li></ol><p><br></p><p>Conversation Highlights</p><p>2:25 - The 2025 IPO</p><p>7:02 - Zhenya’s founder green flags</p><p>8:22 - The PLG-to-enterprise tightrope</p><p>12:40 - “A leader in the global market”: today’s European startups</p><p>16:46 - What makes the European buyer different?</p><p>19:08 - The new European founder</p><p>For more on the European founder flywheel, <a href="https://www.accel.com/founder-factory"><u>read our Founder Factory report.</u></a></p><p><br></p><p>Zhenya Loginov</p><p>Zhenya joined Accel in 2023 and has a particular interest in cloud/SaaS, enterprise, and developer tooling businesses. Prior to Accel, he held roles in multiple Accel-backed companies. He ran the go-to-market teams at Miro and Segment (acquired by Twilio) as CRO and COO, respectively. Earlier in his career, Zhenya led teams at Dropbox across a number of different functional areas. He graduated from Lomonosov Moscow State University and Harvard.</p><p><br></p>
77 total episodes available with 1 transcripts
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- What is Spotlight On: AI?
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This podcast updates daily.
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This podcast is available on 8 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
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