Does anyone have any insight about whether it's a smart idea to join a small, new VC (~50m AUM) backed by a celebrity, as an investment associate (2 years out of college)? I currently work in asset management at a BB, but have always been interested in VC. The only issue is that the pay is low, ~30-40k and the team is 2 partners and 1 junior (would be me). I was told the pay/bonus would hike up tremendously once I "prove myself" and that long hours were expected.
Anything to help clarify this decision would be tremendously helpful, thanks in advance!