The kids are not alright. - by Yoni Rechtman
99d.substack.com · 662 words · saved by 1 readers
The obsession with investing careers has moved from misplaced to unhealthy
Terry Nguyen wrote about the allure of venture to young grads in Dirt. It’s a good piece about the various Gen Z VC groups generally (go read it and then subscribe to Dirt) but there was one section on why these groups have proliferated that felt particularly salient to me: the mechanics of the role — attending conferences, lunching with founders, writing industry theses, tweeting — offers more immediate social prestige and recognition. Young investors are capitalist tastemakers. And clout, like economics, is a game of supply and demand. The social element of the job also sets VC apart…
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