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Nicole DeTommaso believes the venture capital industry will contract over the next five years.
She attributes this potential shrinkage to founders requiring less capital than in the past, largely due to advancements in AI that have made building businesses cheaper. As a result, less funding is needed, leading to fewer deals in the VC space.
DeTommaso has previously outlined how candidates can find opportunities at investment firms such as Bessemer and General Atlantic, which are currently hiring for associate and investor roles in the sector, according to a recent post. She has also described several routes to launching a venture capital fund, focusing on the use of interim investment vehicles in her newsletter. These perspectives add context to her views on the changing capital needs for startup founders.