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How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm

David Teten

If you join a fund, you’ll invest your financial capital, but far more importantly, your reputational capital. The presence of non-market terms may reflect difficulties in fundraising or the idiosyncratic demands of one or more LP’s. “The ‘back-story’ to these terms can give you valuable insight into the strength of the fund.