VC/GE post-Associate compensation

What would you expect for post-Associate (the post MBA position) hire to be at a VC/GE fund by size/location? I'm under the impression that it's less than PE but not sure by how much, and most employment reports out there seem woefully outdated (e.g., show less $ then I am making now)

 

Ah, the quest for compensation clarity in the jungle of finance! Based on the most helpful WSO content, here's what I've gathered for you:

  • Venture Capital (VC): Post-MBA compensation in VC tends to be lower than in PE. The total compensation package often includes a base salary, a bonus, and sometimes a slice of the carry (carried interest). The carry is a share of the profits that the fund generates, which can be quite lucrative over time, but it's more of a long-term play.

  • Growth Equity (GE): GE compensation can be somewhat similar to VC, but it might edge closer to PE levels depending on the fund's performance and structure. GE often involves investing in slightly more mature companies than traditional VC, which can affect compensation structures.

  • Size and Location: Compensation in both VC and GE can vary widely based on the size of the fund and the location. Larger funds and funds located in major financial hubs like San Francisco or New York City tend to offer higher compensation due to the cost of living and competitive markets.

  • Comparative Figures: While I don't have the exact numbers at my disposal, the context suggests that a Senior Associate in a VC firm with a $500M latest fund and over $1B AUM was offered a $250K base with a $50K bonus and 1% carry. For a PE Senior Associate at a firm with a $5-6bn fund, carry is also part of the compensation, but specific figures aren't provided.

To get a more accurate picture, you might want to dive into the WSO Compensation Database or engage in discussions on the forums where professionals in the field could share more recent data points. Remember, compensation is as much an art as it is a science, with many variables at play. Keep swinging through those financial vines, and you're sure to land on the right numbers!

Sources: Is this associate compensation competitive?, PE associate comp, VC Senior Associate / VP compensation, Typical HF Compensation Targets for post-"2+2" IB/PE hires?, Expected carry compensation at senior associate/VP level?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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