undefined | Better HN

0 pointspw10y ago0 comments

Someone want to chime in and give us an idea of approximately how much the "salary of 2 GPs" is? Also, by "all-in cost" is he talking about all expenditures except for actual monies invested?

0 pointspw10y ago0 comments

Someone want to chime in and give us an idea of approximately how much the "salary of 2 GPs" is? Also, by "all-in cost" is he talking about all expenditures except for actual monies invested?

0 comments

7 comments · 1 top-level

sama10y ago· 6 in thread

Just asked our CFO--she thinks we will be at about $8MM for 2015 not counting investments.

rattray10y ago

Impressive transparency. Thanks @sama.

samstave10y ago

So a General Partner at an average VC makes $4mm per year?

austenallred10y ago

I'd argue that's not "average," that's probably a good GP at a top VC firm, but it's by no means unreasonable.

1 more reply

ddlatham10y ago

$8mm is for 2015. Salary of 2 GPs is for 2014. Likely some increase from 2014 to 2015.

the_watcher10y ago

I think he means total cost to the firm - salary, benefits, insurance, equipment, expenses (VC's travel a lot), etc.

outericky10y ago

Yuuupppp!!! that sounds like what sama is implying. But sounds about right.

j / k navigate · click thread line to collapse