Businesses I pattern match for

WIP

A proliferation of junior VC people has only really been a thing recently. Legacy VCs like Sutter Hill, CRV, and BVP have been around since the late 20th century mostly as an extremely alternate asset class for equity financing for extremely high risk technology ventures. The software boom in the dot com era meant a proliferation of businesses whose operating margins, zero dollar distribution costs, and low headcount scalability meant the appearance of businesses compatible with this business model. There've been lots of books and articles published about the early days of venture's reifying. I want to focus on the emergence of "junior VCs" as venture becomes much more of a standardized asset class.

Historically, venture in the early 2000s was still very much a business