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https://docs.google.com/spreadsheets/d/1KPVFyKSz70qx-WjqYJRx9cmHHbuzG2QjasGMTfc1NSU/htmlview#gid=2086648971
Any idea on Europe vs US?
Seeing lower compensation for similar AUM
I imagine this means the top dogs get more $$$?
Depends on what level you enter. Base comp will be low, for sure, but the upside can be very high via carry, but that’s if 1 out of 50 investments turns out to be a blockbuster, lol.
Seems about right. Sr associate for a VC fund at $500M (under $1B) should expect $180-250K all in. Carry more typical at principal level.
Mentor
How does the carry column work in this instance? It’s carry in the fund? So they get X percent out of the 20 percent in the 2/20 model?