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Do Fund Partners Typically Receive Salary as W2 Employees, Partnership Distributions, or 1099 Contractors?

Is it customary for fund partners to receive salary as a W2 employee as a partnership distribution from the LLC or as a 1099 contractor?

Top answer:

For small funds, the managers frequently take distributions and do not get paid as either an employee or as a contractor. Only when the fund sizes are above $20 MM do managers start looking at salaries, and the salaries are reserved for ...

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What are the salary ranges for experienced VC principals/partners in NYC/Bay Area, excluding fundraising?

What are typical salary ranges for experienced VC principals / partners (not participating in fundraising)? Location: NYC/Bay Area.

Top answer:

It really depends on many variables, but good experience is rare in the VC industry. *Principal*: $250K to $500K per year plus 0.5 to 5.0% carried interest. *Partner*: $500K to $2 MM per year plus 2.5 to 10+% carried interest. Salarie...

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