Agile VC

OCTOBER 23, 2012

FoFs have a range of strategies of course, but broadly speaking LPs that invest in FoFs pay them a management fee and carried interest (on top of the fee & carry of underlying VC funds they invest in) for access, diversification, active management or a combination of all three.

LP 176

LP Accredited Investor Carried Interest Portfolio 176

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. These are many of the steps I went through when I joined HOF Capital. Senior partners take home a lower 15 percent of the carried interest….Summarizing – Share and vesting of Carry.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Steve Blank

MARCH 26, 2014

The good news is that corporations have access to resources and capabilities that most startups can only dream of , whether it is free cash flow, a strong brand, a vibrant supply chain, strong distribution, a skilled sales force, and so on. As Steve would say, this is a big idea. So XTV won in the market, but lost inside the corporation.

Startup 327

Startup Business Model Lean Russia 327

Agile VC

JULY 11, 2012

I happen to be fascinated by the history of the VC industry, and one of the things we discussed at a recent offsite are the common threads behind the rise and fall of great venture capital firms. What’s a “fair” split of fee income and carried interest when a partner joins several years/funds after others?

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

Professor VC

JUNE 20, 2011

The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same. Once you raise venture capital, you are forced on a path to spend ahead of the business and seek the highest growth business model options. Venture News.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Steve Blank

OCTOBER 29, 2009

Ampex’s first customer was Bing Crosby who wanted to record his radio programs for rebroadcast (and had exclusive distribution rights.) In a typical venture fund, the partners receive a 2% management fee. But the biggest innovation was the “carried interest” (called the “carry”.) More on this in the next post.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125