When there are multiple GPs, how do they split fee and carry between GPs? What are some models and best practices?

First, confirm that you and any other Managing Partners or General Partners (Partners) have the capacity to invest up to 1% or more of the Fund Size in cash or possibly in startup equity at cost. Next, confirm that all Partners can work between 9 and 18 months on fund formation without being fully compensated for that work, writing the name and the number of hours per week that each Partner can commit with limited or no compensation. Then, reflect upon the fact that each Partner is making a minimum of 12 year commitment to the firm, writing the name and the means by which you have validated the long-term commitment that each Partner has made. Finally, use an agreement like this one (https://vcl.to/mmm) to put finalize the scope for each partner.