For young, promising venture capitalists, the path to partner has suddenly become much steeper

• Tech investors face a tougher path to promotion amid a funding slowdown for startups.
• Fewer deals mean junior VCs struggle to build track records they need to get promoted.
• Firms now prioritize sourcing over financial modeling, adapting to a more competitive landscape.

It's a tough time to be a junior venture capitalist. With deal flow slowing to a trickle, there are fewer opportunities for them to show their mettle and establish a track record.