Previous Post
Next Post
2

Asked by

Community Member

on

in

Fund Operations

what's the roles (and differences) and compensation between managing partners, general partners, principles and venture partners, associates, analysts and other junior support personnel (and any other team role I may have missed) - take for example a 5 million dollar fund and use real numbers and real % of carry

interested in how different fund structures or sizes (10M, 50M) would pay out as well.

Also focused on Web3 - so roles like tokenomics is critical to have someone involved I would imagine.
1 See in Base
2

Answered by

Community Member

on

Read this: https://govclab.com/2021/10/28/venture-capital-roles/

And this: https://govclab.com/2023/08/02/venture-capital-roles-2/

And finally, this: https://govclab.com/2022/03/10/venture-share/

The comp is close to 0 for a $5m fund and most new managers will not be able to afford to have many support roles on salary, if any. You will have $1m for 10 years to run your business. That $100k/year will need to pay for a variety of things, besides your salary. 

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
How do I start raising my first venture fund? What are the key considerations for becoming a Limited Partner?
How can I improve my emerging manager firm's deal flow? What strategies help attract institutional LPs?
How do I build a compelling investment thesis? What are best practices for portfolio management?
How can I differentiate my VC firm in a crowded market? What are the typical fund terms for emerging managers?