The conversation between human and AI assistant.
What are the salaries of Principals, Partners and GMs at VC's with a $500M - $1B fund?
That seems like a large salary gap between Principals and Partners. Can you explain why?
The gap is largely due to the difference in responsibilities between the two positions. Partners typically have a larger ownership stake in the company and are responsible for leading investment decisions, while Principals are more focused on sourcing and evaluating potential investments.