Calculator 17 • Venture Power Law & GP Carry Math
VC Fund Math & Return-the-Fund Calculator
Understand how your investor thinks: model fund size, 2/20 management fees, dilution from Seed to exit, the exit valuation required to return 1x the fund, and GP carried interest at a 3x fund multiple.
1. VC Fund & Deal Ownership
Exit Ownership
7.80%
After later rounds
1x Fund-Returner Exit
$769M
Returns entire fund
10-Yr Mgmt Fees
$10.8M
Investable: $49.2M
GP Carry Pool (at Target)
$24.0M
LP Net DPI: 2.60x
Fund-Level Alignment & Exit Thresholds
| Milestone | Required Startup Exit | Proceeds to This VC Fund |
|---|---|---|
| Return 0.5x of Total Fund (Half-Fund Returner) | $385M | $30.0M |
| Return 1.0x of Total Fund (Full Fund Returner) | $769M | $60.0M |
| Return 2.0x of Total Fund (Career-Making Outlier) | $1,538M | $120.0M |