Callaghan: True Ventures does not tie partner compensation to deal attribution
Jon Callaghan · 20VC: Why Investors Have The Biggest Problem with Bias, Why Our Job Is To Maximise Risk & Why It Is Essential To Get Good at Losing with True Ventures Founder, Jon Callaghan · Sep 6, 2017 · at 16:55
Jon Callaghan, co-founder of True Ventures, explains how True Ventures structures partnership alignment and compensation differently from standard venture firms.
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“We have no attribution for one. So our, you know, in between our partnership, it's not my deal, yours. That's essential. You know, no one's worried about their own track record. No one's worried about that. It's all about how we support our founders across the entire team. And so compensation is not tied to an individual deal as it is in most other venture firms. Compensation is not tied to an individual track record.”
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