Internship Salary Discussion/Expectations - Thoughts?

I'm applying to b-school and from now to summer would like to try and do something I've had an interest in but didn't have prior experience - Venture Capital. There's a small team I know that might consider a contract/internship and they asked what my salary expectations are.

So now here's the thing, what I am most interested in getting out of this is the VC/operations/startup experience, and also to close up my resume gap for b-school applications. I'm not looking to squeeze every $ out of the VC's budget. Also, while I have good IB experience, VC is quite different (than say PE where IB exp is helpful) and requires a different skill set. I'm hesitant to suggest too high a figure because this firm isn't actively looking for an intern/contract, it feels like more of a favor they are doing for me if there is an opportunity and I don't want to come off entitled or stop the conversation before it starts. But, I don't want to quote too low a figure because I think that sends a message of naivete or lack of confidence.

So I'm wondering if anyone has suggestions on how I should respond. I was thinking of saying something like "I made $XX at ABC but I recognize this is a new field for me and I am primarily interested in gaining great experience in VC. I was thinking of $XX/hr (or $XX/yr) which is what I've read is a typical intern salary in the field. But I'm happy to hear your thoughts."