How to Pick Winning Startup Investments in Crazy Times
RSVP for May 6th
Learn How to Fast Track Your Fund I
RSVP for May 8th
Learn about the perfect LP Archetypes for your fund
RSVP for May 15th
1

Can LPs also be VPs?

Can LPs also be VPs?
2 See in Base
1
Yes, however there are several issues with having Limited partners be Venture Partners. First, Limited Partners will loose various protections because the Venture Partners make decisions for the fund. Second, this creates a challenge for the GP in situations where the VP doesn't deliver on expectations because it's difficult to fire a Venture Partner because they are also a Limited Partner.

Review the Venture Share agreement for details on VP compensation: https://govclab.com/venture-share/

Join the Leaders of Venture 2.0

Our graduates are creating disruptive capital with exceptional expertise, ethical investing practices, and exceptional returns. Whether you're launching your first fund or scaling an established firm, VC Lab provides the tools, network, and support needed to succeed in today's venture landscape.

Apply Now