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Nicole DeTommaso observes that the venture capital industry may be approaching its most significant transformation in decades.
According to DeTommaso, artificial intelligence companies are enabling a new class of wealthy and well-connected operators. As their wealth becomes accessible, she believes these individuals are unlikely to invest exclusively in index funds. Instead, she anticipates they will reinvest within their own networks, funding each other.
DeTommaso has previously advised founders to build relationships with venture capitalists before seeking funding. She also found that over 60% of the most recent U.S. startups reaching $1 billion valuations rely on AI as a core technology, according to her earlier research. These trends inform her outlook on how new sources of capital could reshape investment networks.