Lobbying Congress: A Personal Tale
Venture capitalists seem to be universally opposed to the Obama administration's proposal to regulate private equity if venture capital funds get caught in the net. Last month, while testifying before a Senate Banking subcommittee on behalf of the National Venture Capital Association, Trevor Loy -- the founder of Flywheel Ventures -- said he patiently explained to Senators why venture capital funds are not like hedge funds and why the regulations as they're now proposed could put some VC firms out of business. (See his testimony below).
21 August 2009•1 min read
