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Same LP / Venture Partner compensation

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Sep 28, 2023

Is it allowed for an LP to be a Venture Partner at the same time (i.e. a mentor) and be compensated ?

Top answer:

It is generally not recommended for an LP to also be a Venture Partner - it could introduce conflicts of interest but the LP may also lose their "limited" status and corresponding protection from liability in the case an LP is involved i...

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Advisor vs Venture Partner

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Jun 13, 2023

What is the difference between an Advisor to the fund and a Venture Partner? How will the compensation vary?

Top answer:

They are both compensated with a venture partner agreement and advisors typically get a bit less carry. 

 -  Mike Suprovici
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Carry for Principals and other firm members

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May 31, 2023

If I hire someone at a Principal level at my VC firm what's the general carry I should offer? Is there a rough breakdown anywhere of what is market in terms of carry offered for various roles at a VC firm?

Top answer:

We recommend that you review VC Lab's Venture Share agreement. Principal level can receive anywhere from strategic to executive level compensation based on the recommended chart.

 -  Mike Suprovici
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