In the later 10s/early 20s there was practically a venture mania for companies in the orbit of Snowflake and Databricks, with some (like Dbt, Weights & Biases, and so on) reaching lofty valuations. But most you’d talk to would consider it massively overcrowded (and overfunded).

→ View original post on X — @mattlynley, 2025-05-17 18:58 UTC