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Nicole DeTommaso outlines the typical experience of junior venture capital professionals, noting that while they may source deals, conduct diligence, and write investment memos, the authority to sign the check usually resides with someone else.
DeTommaso observes that most junior VCs accept this reality, although a few have chosen to pool their own capital as an alternative.
DeTommaso has previously outlined routes to launching a VC fund, with a focus on interim investment vehicles in her newsletter. She has also highlighted new venture capital job openings at a16z, Alumni Ventures, and LvlUp Ventures in major cities including San Francisco and New York City, according to a previous report. These observations add further context to her commentary on early-stage venture capital careers.