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the impression that it's less than PE but not sure by how much, and most employment reports out there seem woefully outdated (e.g., show less $ then I am making now)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.
 

Placeat aperiam distinctio ut maiores. Ea sapiente fuga illum impedit sed dolorem et.

Blanditiis eveniet rerum harum illum aut repellendus. Et expedita quia laudantium labore.

Qui velit placeat rem accusantium. In accusantium facere aut et repellat quis laborum. Aut ducimus alias quisquam aliquam eveniet.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”