When exactly do VCs see their first carry check?



Rough-and-tough, 10 years for an “average” successful fund, 7 years for a strong fund.

It can be faster for late stage, and longer for super early stage.

The fund itself takes 2-3 years to deploy.  So even if you have one Unicorn 5 years after funding … rare for early-stage … that could be 2 years from fund formation + 5 years to exit = 7 years to 1x.

And that would be fast.

See Questions On Quora

View original question on quora

Published on October 4, 2015

Leave a Reply

Your email address will not be published. Required fields are marked *

Share This