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Why Average VC Returns Don’t Really Matter

Agile VC

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.

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The Rise & Fall of Great Venture Firms [Part 1] ? AGILEVC

Agile VC

What’s a “fair” split of fee income and carried interest when a partner joins several years/funds after others? How do you deal with a severely uneven distribution of investment success between individuals or groups of partners? My partner @ LeeHower looks back: [link] 5 days ago Search.

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Why Internal Ventures are Different from External Startups

Steve Blank

A startup is a temporary organization in search of a repeatable, scalable business model. innovating new products and services within an already scaled business model), the processes that companies have optimized for execution inevitably interfere with the search processes needed to discover a new business model.

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