He pointed out that a 2009 study written by Paul Kedrosky, Right-Sizing the U.S. VentureCapitalIndustry, found that 16% of the 900 Inc. 100 companies between 1997 and 2007 took venturecapital.
The U.S. venturecapital (VC) industry has traditionally played an important role by providing guidance and risk capital required for building high-growth companies.
The Senate probably won't raise taxes for managers of private equity firms and hedge funds anytime soon, and that's great news for the venturecapitalindustry.