How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm
SEPTEMBER 2, 2017
Sean Seton-Rogers, Partner, Profounders Capital, breaks the conversation into three areas: Control: voting/veto for new deals, share of management company. Compensation : base salary, share of profits of management company, carry. So any well-managed VC will have an articulated mechanism for making decisions, taking into account input from all parties. . During this period, most fund agreements provide for gradually diminishing management fees.