Jan 22, 2026

by

Pavel Prata

SPV Fees by Stage: 2&20 Dominates at Seed, Drops to 28% at B+

Median carry at 15%; fees and carry show 0.08 correlation

Murph capital is a new media, research and community for emerging vc fund managers

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MURPH CAPITAL DIGITAL, INC. 2026.

Murph capital is a new media, research and community for emerging vc fund managers

PROUDLY builT IN USA

HANDCRAFTED by:

© All Rights Reserved.
MURPH CAPITAL DIGITAL, INC. 2026.

Murph capital is a new media, research and community for emerging vc fund managers

PROUDLY builT IN USA

HANDCRAFTED by:

© All Rights Reserved.
MURPH CAPITAL DIGITAL, INC. 2026.

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