Tl;dr: I just got asked the question "how do you want to run your team" during a 1-1 and I'm not sure how to answer it, so looking for the Elpha wisdom.
Context: we're a new VC company, some of us worked together before, so we're still pretty much figuring out how we all work together best. It's 5 senior people FT in the core/initial team (3 of us in investment + 2 in ops) + 2 co-founders. The co-founders are at GP level, 3 of us in investment at principal/jr partner level and 2 ops people are operating partner and fund ops. I'm reporting directly to the co-founders, one of them taking lead on people management, and now we're hiring more at junior level. The principal split is: me mostly on deals and process design (with ops person implementing); one on research and deals; one on fundraising and deals. One co-founder is coming from corporate world, one co-founder is coming from startup and vc world (taking lead on people).
Situation: We're now hiring a couple more people at analyst and associate levels and I was asked how I'd like to run that team of analysts and associates. It seems I'll be doing more of the direct management as they'll be doing mostly deal work with some help on fundraising and research.
Question: I'm not sure what the answer should focus more on, so seeking advice of more experienced Elphas. I managed people before for a year in a similar role, different company. I asked for a bit more detail during the 1-1 but didn't get much clarity.
How would you answer "how do you want to run your team"?