Navigating Venture Capital: Understanding Carry and Fund Dynamics

This chapter delves into the financial details of venture capital, focusing on carry and its influence on fund returns. It also discusses the necessity of scenario planning and critical questioning to navigate the complexities of fund operations and the extended timeline needed for realizing returns.

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Annie Wickman shares insights from her journey as Google alum, first non-founder at Humu, and now Head of People at Character AI. Annie tackles our hardest questions in an unmissable episode. She covers the tensions between product-market fit and company culture, Character AI's unprecedented Google deal structure, taking the leap from people leader to a VC, and how to rebuild organizational trust.

*Email us your questions or topics for Kelli & Nolan: hrheretics@turpentine.co

For coaching and advising inquire at https://kellidragovich.com/

HR Heretics is a podcast from Turpentine.

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KEEP UP WITH ANNIE, NOLAN + KELLI ON LINKEDIN

Annie: https://www.linkedin.com/in/annie-wickman-3332731/

Nolan: https://www.linkedin.com/in/nolan-church/

Kelli: https://www.linkedin.com/in/kellidragovich/

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LINK/S:

Character.AI: https://character.ai/

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TIMESTAMPS:

(00:00) Intro

(01:17) Experience as First Non-Founder at Humu

(03:16) Early Employee Challenges & Responsibilities