Thelander CVC Digest: August 2023
CVC vs. VC Compensation: How Does the Total Cash Compare?
There are jobs, regardless of type of firm, that are competitive. In August’s Thelander Digest, we’ll explore how compensation for Senior Associates and Associates compares at corporate venture and venture capital firms. Let’s get started!
Chart 1 shows the 25th percentile, median, and 75th percentile for total cash for senior associates.
- The compensation is relatively competitive across all percentiles except the 75th percentile, which is higher at VC firms ($201,200 vs. $232,500).
Chart 2 shows the 25th percentile, median, and 75th percentile for total cash for associates. The total cash is higher across all percentiles for associates.
Chart 3 shows the 25th percentile, median, and 75th percentile for total cash for senior associates at CVC and VC firms with less than $250 million in total AUM.
- The AUM filter impacts compensation more for venture capital firms, as we see it lowers the total cash when compared to all AUM.
Our Findings: When looking at the data with all AUM, the cash is higher for senior associates at venture capital firms compared to corporate venture firms. However, when looking at the compensation for firms with less than $250 million in total AUM, senior associates at corporate venture firms are making more in total cash across all three percentiles.
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Tags: CVC, Newsletter