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

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Community Member

Sep 19, 2023

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.

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1 answer

Mike Suprovici

Accepted Answer

Sep 19, 2023

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.

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