Petersen: Founders Fund compensation is tied to performance over high base salaries
Ryan Petersen · Unicorn Founder on Unseen Arbitrages, the Paradox of Wealth + Charlie Munger Wisdom · Nov 11, 2024 · at 39:15
Flexport CEO and Founders Fund venture partner Ryan Petersen explains how Founders Fund's partner compensation model contrasts with the rest of the venture industry.
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“Founders one actually has a vendor compensation structure. It's almost all tied to the outcomes, the performance, but like a lot of VCs just make super huge. You'd be surprised how high the salaries are at a lot of the, at other VCs.”
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