Remove Carried Interest Remove Europe Remove Management Remove Partner
article thumbnail

Explaining carried interest

The Equity Kicker

Carried interest’ is the name given to the profit share schemes that investors in venture capital funds, typically called ‘LPs’, use to incentivise the partners at at the funds in which they invest. Hurdle rates stipulate that the Manager delivers a minimum return before any carry gets paid out.

article thumbnail

Battery Ventures Announces New $750 Million Fund

VC Cafe

The New York Times says the new fund is a signal that Silicon Valley is being revived, but according to the Wall Street Journal , it was lower fees and carry that facilitated securing the capital: It helped that Battery proactively offered some investor-friendly terms.

article thumbnail

Why Internal Ventures are Different from External Startups

Steve Blank

However, I will then argue that while these methods are necessary to managing new ventures inside a company, they are insufficient. Worse, Robert Adams and his two partners got 20% of the carried interest in the fund, resulting in payouts of $30 million to the partnership.

Startup 329