Should I join an emerging growth equity fund?

Hi -

I have the opportunity to join an emerging growth equity fund based in NYC. I'd like some help evaluating the opportunity.

Overview
- It's a $50M fund 1 that will be investing in venture-growth deals for companies beyond Series B and opportunistically in other funds. The goal is to invest the $50M in ~6 companies and raise $100M in 2 years. They've previously invested in companies like Carta, Bolt, and other B2B software. Their mandate is concentrated on high revenue, high retention Series B+ businesses operating between traditional venture and growth.

My background:
- Laid off from startup job and working with some other startups consulting and interviewing with more established VCs
- 7 months @ startup backed by a16z, lightspeed, sequoia
- 2.25 years @ T2 Consulting: Accenture Strategy/Deloitte/Strategy &

I don't have any specific comp info right now. We're talking about that next week as well as my potential responsibilities. They've talked about me participating in the economics, but to what extent, idk. What does this really mean?

Like I said, it's only two partners and while they've made investments in solid companies, they're young - like 5 years older than me. If they're able to raise a $50m fund, I don't see what it wouldn't be a no brainer, especially for someone who's unemployed and interested in private markets.

Any comments are appreciated.