📶 career pivots for VC

The market is forcing VCs to rethink their careers, patterns from YC investing, Felicis raises new funds, and the SEC is making it easier for retail investors to access venture investing

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Good morning 👋

And happy hump day.

We started this business five years, and at the time, most of our audience were junior investors (analysts, associates, principals, etc.). Fast forward to today, and the careers of that same group of people look very different.

Many of them have stayed in the game, worked their way up through promotions, and made it to partner.

Others have spun out and started their own funds.

Others have started companies.

And others have joined portfolio companies to work on the operating side.

Many of these people used to view “breaking into venture” as the end goal, but all of them have now realized that was only the beginning.

The current fundraising environment and lack of liquidity is forcing more investors to rethink their career choices again.

These are our thoughts and what we’re hearing from our audience …

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