Numerous entrepreneurship scholars have investigated associations between New Venture Team (NVT) composition and new venture performance (cf., Klotz et al., 2014). In this regard, researchers have considered NVT personality characteristics (Zhou, 2013), conflict (De Jong, Song, & Song, 2013), and context (Hmieleski and Ensley, 2007). Scholars have mostly assumed linear and single causation models to examine the NVT composition–performance relationship. However, recent findings from the literature suggest that the effects of NVT composition are likely to emanate from a complex interplay between NVT personality characteristics, conflict and context (Joshi and Roh, 2009; van Knippenberg et al., 2004). To date, little is known about how multiple of these constructs combine to result in subsequent outcomes. Therefore, we draw from the configurational perspective (Meyer, Tsui, & Hingins, 1993; Fiss, 2012) to identify possible configurations of NVT personality characteristics, conflict and context that are causally relevant for specific levels of new venture performance to occur.