The 2nd-to-last paragraph is what caught my attention ... if the legislation discussed passed, and if it were extended to other private partnerships, that seems like it would eat into the mgmt. fees of most VCs.
And that would seem likely to reduce the number of VC firms, at least. (Less profit = less motivation to enter the business.) It's very speculative, but interesting.
And that would seem likely to reduce the number of VC firms, at least. (Less profit = less motivation to enter the business.) It's very speculative, but interesting.