Venture Capital Associate Compensation: How Much Recent Grads Make
It is commencement season, which means many graduates will soon be in the market for jobs that will jumpstart their earnings and their career. (If this is you, check out Complander). Among hopeful jobseekers are those who wish to dip their toes in venture capital, an increasingly difficult industry to break into. With thousands of […]
VC Investors Continue to Earn Top Dollar
This month, we’re going to dig into compensation trends for the top investment positions at investment firms. Since 2021, the median cash compensation for VC investors has gone up across all positions at the highest levels, including managing general partner, sr. managing director / sr. partner and managing director / partner. There’s a number of […]
Gender VC Compensation Data: The Pay Gap is Closing Among Junior Investors
In honor of women’s history month, we dug into the investment firm dataset to analyze how representation of female VC investors has changed over the last four years and what progress has been made in closing the pay gap between men and women in venture. Here’s what we found: When looking at senior managing directors […]
What Hiring Trends are We Seeing at Investment Firms?
This month we’ll be exploring different hiring trends at investment firms. We’ll take a look at where new hires come from, and how long one stays in a position before being promoted. Chart 1 looks at where new hires to venture capital (VC) firms came from. We see the following trends: Chart 2 looks at the median number of years one stays in […]
Investment Firm Bonus Compensation: 2024 Salary Increase & Bonus Results
Last month, we looked at a preview of salary increase data. This month, we give you an exclusive look at the bonus section, and examine how bonuses are looking for 2024. To review, a cash bonus is the preferred mechanism for rewarding individual performance, and is meant to be a short-term/annual incentive. With the current talent market being […]
Exclusive Preview Of Our Investment Firm Salary Increase Data
Each year, we team up with PitchBook to run our annual Salary Increase & Bonus Survey. As it’s the holiday season, we wanted to provide our email subscribers with a treat for our December Thelander Digest. We’ve included an exclusive preview from the Salary Increase & Bonus Survey that examines how salary increase percentages are looking for 2024 from those that have responded to […]
Do You Have to Commit Capital for Your Carried Interest?
For our November Digest, we’re looking at committed capital and if you have to commit capital for your carried interest. First, we need to define what this means. Committed capital is the percentage that the General Partners (GPs) contribute to the overall capital of the fund. So, why is this important? It shows how much skin GPs have in the game by indicating the […]
How Does Gender Impact Compensation at Venture Capital Firms?
For our October Digest, we’re looking at gender compensation data for investment professionals. Today, we examine the gender pay gap for three positions: 1) Managing General Partner (Investment Professional I)2) Managing Director / Partner (Investment Professional III)3) Associate (Investment Professional VI) To do this, we looked at median total cash and carried interest for males and females at venture firms with […]
What Trends Do We See with Carry Dollars at Work?
Welcome to September’s Thelander Digest! A few years ago, we added new questions to the Thelander-PitchBook Investment Firm Compensation Survey to collect data on carry dollars at work. Using this data, we’ll be looking at insights on carry dollars at work and how it has changed since 2021. What is carry dollars at work? It’s defined as the amount of carry […]
Does Smaller AUM Equal Less Compensation?
The Thelander surveys are constantly evolving to keep up with the ever-changing market. We are excited to announce that our total assets under management (AUM) filter has expanded to include the lower categories of: Less than $25 million, $25 – $49.9 million, $50 – $99.9 million, $100 – $249.9 million… all the way up to $7 billion […]