View From the Hill: A VC’s Perspective on the Potential Impact of Antitrust Regulation on Early Stage Startups

Patricia Nakache
Sep 27, 2019 · 2 min read
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I was honored to represent the multifaceted perspectives of the Venture Capital industry and startup ecosystem at the U.S. Senate Subcommittee hearing on Antitrust, Competition Policy, and Consumer Rights in Washington, D.C in my capacity as a National Venture Capital Association (NVCA) Board Member. This topic is obviously of critical importance not only to the health of the tech ecosystem but also to the health of our broader economy. It’s my hope that whatever actions regulators take will enable founders to retain the incentives they need to pursue their entrepreneurial dreams. I was encouraged by both the level of thoughtful discourse as well as the bipartisan interest in maintaining our country’s legacy of innovation.

Here were the core themes in my statement:

  • The VC-backed startup ecosystem has been an important driver of the US economy. We would hope that any new regulation would not hamper that critical economic growth and job creation.

Some of my observations from the hearing:

  • Entrepreneurship enjoys bipartisan support. So does concern about Big Tech. The legislators came across as wanting to do what they could to support the innovation economy as well as consumers.

Tremendous thanks to the NVCA for their efforts in support of this hearing and ongoing dialogue with lawmakers.

See below for the video replay of the hearing and here for my full written testimony.

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Full replay of the hearing (content begins at minute 22)

Trinity Ventures

A collection of posts from the Trinity Ventures partnership…

Patricia Nakache

Written by

VC @TrinityVentures, @NVCA board member, @Stanford lecturer, mother of 3

Trinity Ventures

A collection of posts from the Trinity Ventures partnership and portfolio. Learn about the firm at www.trinityventures.com.

Patricia Nakache

Written by

VC @TrinityVentures, @NVCA board member, @Stanford lecturer, mother of 3

Trinity Ventures

A collection of posts from the Trinity Ventures partnership and portfolio. Learn about the firm at www.trinityventures.com.

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