Trevor Loy Testimony

More voices have joined the choir protesting additional administrative burdens for venture capital firms. VC Trevor Loy from Flywheel Ventures recently testified before a Senate Banking Sub-Committees opposing the regulation. Loy differentiated between entrepreneurial risk, which is vital to fuel innovation and growth from the systemic risk that the proposed regulations seek to minimize. He also warned Senators that, “[T]he venture industry – and the start-up economy – will not go unscathed by the contemplated regulation.”

We couldn’t agree more.