How do you earn Carry?
Deals that are successfully sourced and introduced by a member of the 645 Ventures extended networks (CISO Network, Venture Partner Network, etc) and are closed by 645 Ventures will result in a carry grant. This means a specific carry allocation will be granted by 645 Ventures to the deal-originating individual. This grant will be a specific allocation in the completed company investment.
How much Carry will I receive for a successfully sourced company?
If a member sources a company, they will receive 2% carry of the 645 investment. Please see the below image detailing how carry is allocated by 645 Ventures:
When do I get access to Carry?
The effective date of the carry grant is the date the deal closes and is subject to a five year vesting schedule. 25% of the grant will vest after one year and at that time, carried interest paperwork will be generated to you by 645 Ventures.