How much should a Principal at a VC firm expect in TC?
1M
Didn’t junior partner at KPCB only make like 560K according to released documents from the Ellen Pao case? Principal is one step below that right? So 400K-500K? Besides, the carry really goes to the senior partners.
10M and some strippers
~$300-400 for a smaller fund, ~$400-600 for a larger fund. carry should be over 1%
Where are people getting these numbers from?
i work in finance
Check out John Gannon’s blog, he aggregated a ton of data on this subject. At my mid-sized fund (~$400M) the principals made between $175-220k base, 20% bonus and about .5-1% carry
700k