Both Sides of the Table

JANUARY 5, 2010

I joined GRP Partners in 2007 before they raised their current fund (we closed a $200 million fund in March 2009). I didn’t negotiate hard on carried interest. If the person I hired wasn’t cut from the same cloth as an entrepreneur, then how could I expect him to be able to see inside the mind of entrepreneurs?

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Feld Thoughts

AUGUST 13, 2018

From the start of Foundry Group in 2007, we have felt strongly about this. The post specifically discussed three items: Management Fees, Recycling, and Carried Interest. Many fund agreements, including ours, require us to pay back all fees and expenses before taking carried interest. That’s worth remembering.

LP 117

LP Management Carried Interest .Net 117

Agile VC

NOVEMBER 13, 2012

The IPO market remained closed to IT startups, but there were big acquisitions like Google buying YouTube for $1.65B (Fall 2006) and late stage financing rounds for companies like Facebook (Microsoft round at $15B valuation in Fall 2007). Kevin Rose was on the cover of BusinessWeek. So at a fund level (e.g.

LP 154

LP Portfolio Venture Capital IRR 154