Capitol Hill
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Venture capitalists take the hill to discuss policy

The National Venture Capital Association had an opportunity recently to speak with members of the U.S. Congress about policy matters that could help to further strengthen the entrepreneurial ecosystem. Scott Kupor, managing partner at Andreessen Horowitz and chair-elect of NVCA, and Ali Behbahani, partner at New Enterprise Associates, were invited to testify before the Senate Small Business Committee at a hearing to examine the role of venture capital in supporting entrepreneurship in America.

Capitol Hill

Venture capitalists take the hill to discuss policy

The growth of the modern venture capital industry can be traced back to the 1970s, when several significant policy changes encouraged long-term risk investment in startups. These policy changes included reductions in capital gains rates and relaxed standards on where corporate pension funds could invest, allowing them to participate in a wider range of asset […]