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Comments (40)

Best Response
Sep 17, 2009 - 9:43am
big_dreams_banker:
I have no personal experience in this field...and this is a large range...but prolly between 40-55K would seem appropriate (bonus not included).

40-55k for post-IBD associate positions? Sounds a bit low. I recall VCMonkey stating something in another thread previously about this:

VCmonkey:
From my informal conversations with people in the venture industry salaries are approximately as listed below:
(Base/Performance Bonus/Deal Sourcing Bonus*/Carry)
Analyst: 60,000/30,000/5-10,000/0
Associate: 100,000/50,000/10-20,000/0
VP: 200,000-250,000/?/?/0M-1M**
Principal/Junior MD: 500,000/?/?/1M-2M***
MD: 1M/?/?/3M-9M***
*Deal sourcing means finding and executing an investment opportunity
**VP carry based on performance of portfolio companies with board level representation only (i.e. not carry of all companies in portfolio)
***MDs are typically compensated based on performance on entire portfolio

This was almost exactly 2 years ago, however, and I'm not sure how much has changed from 2007 to 2009. Can anybody help out in this regard?

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Sep 17, 2009 - 3:22pm
big_dreams_banker:
I have no personal experience in this field...and this is a large range...but prolly between 40-55K would seem appropriate (bonus not included).

Who gives a rats ass about your random guesses? YOu obviously know nothing, yet you still try to muddy the waters.

If you don't know - don't pull something out of your ass.

Sep 17, 2009 - 5:06pm
ideating:
Post 2 years IBD, about 90-130k base, 20-50k bonus. Trajectory is awful (for finance).

Who is that clown who said 40-55k?

ideating, could you elaborate on the context of your data? i.e. firm, AUM, size, etc.?

And in terms of saying "Trajectory is awful," are you simply saying that VC salaries are comparatively lower to other post-IBD buy-side positions in PE and HF?

Sep 18, 2009 - 11:59am

As I understand it, VC actually works differently than other finance jobs; typically the better the firm, the less the initial compensation. It's an admittedly small sample size I'm drawing from but VC itself is a pretty small sample.

Trajectory refers to the ramp up in comp as you gain experience (think 3-5 years).

cdkram:
ideating:
Post 2 years IBD, about 90-130k base, 20-50k bonus. Trajectory is awful (for finance).

Who is that clown who said 40-55k?

ideating, could you elaborate on the context of your data? i.e. firm, AUM, size, etc.?

And in terms of saying "Trajectory is awful," are you simply saying that VC salaries are comparatively lower to other post-IBD buy-side positions in PE and HF?

Sep 21, 2009 - 5:51pm

Early Stage VC Post MBA Salary (Originally Posted: 06/15/2015)

I've been hearing mixed things regarding post mba salaries at early stage VC firms. I've heard anything from $100k with no carry to $175k+ with carry. Anyone have concrete data on what salaries actually are? How much does this change at small funds (sub $100m) to larger funds ($100m-$1bn)?

  • 1
Sep 21, 2009 - 5:54pm

VC comp unfortunately is really haphazard. For very large firms, I think the pay is overall more structured since it's benchmarked against PE. So I would guess they would make ~75-80% of what a post MBA PE associate would make.

Early stage firms are really hard to benchmark, since there are so few people. I would say the comp for post MBA associates is closer to the top end of the range you mentioned than the bottom. carry is not always given to senior associates but it happens reasonably often, and almost always if it's a partner track position.

  • 3
Sep 21, 2009 - 5:57pm

Boutique VC Analyst Salary (Originally Posted: 12/20/2012)

Hey guys,

Just wanted a quick opinion on whether I'm underpaid or not. Would you say a base salary of 60-65k + 25% bonus is reasonable for an first year / second year analyst position is reasonable? I have one year unrelated experience + about a half year at my current VC boutique. I'm working around 60 hours a week and keep in mind this is a small fund and in a 2nd/3rd tier city (think similar to Cleveland/Indianapolis/Milwaukee).

Sep 21, 2009 - 5:59pm

I mean I do think it is pretty reasonable, albeit on the slightly lower side. I felt that 70-75k base + 35% bonus for a 1st/2nd year analyst would have been more in line with the industry. Although I guess when you consider I'm in a 2nd/3rd tier city, at a smaller fund, and am only a half year into my first year, maybe my expectations were too high to start. Perhaps it might be more reasonable to be expecting those numbers after next year...

Sep 21, 2009 - 6:01pm

.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
Sep 21, 2009 - 6:00pm

Can't answer PMs as I don't have enough banana points. I merely made this account to protect my identity as I don't want people I work with/know to see that I'm asking these types of questions (as some of my previous posts on my main may give away who I am). Please try to stick to topic (if you do have specific questions, PM me and I'll msg you from my main).

Sep 21, 2009 - 6:02pm

You might be a little underpaid if you're working at a true VC, even in a tier 2/3 market. I knew someone at a smaller firm in a tier 2 domestic market that was making 70-80 + bonus.

Sep 21, 2009 - 6:10pm

Salary for pre-MBA VC analyst (Originally Posted: 03/11/2010)

I am looking at moving into VC, and I was curious if any one could speak to typical salary ranges for a Pre-MBA Analyst position. It would be at place similar to Kleiner or DFJ

Sep 21, 2009 - 6:11pm

I work as an associate for a VC in southeast (cost of living lower than most VC markets such as NY, Boston, CA). I make $65,000 with a small carried interest.

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