WASHINGTON, DC – The National Venture Capital Association (NVCA) issued the following statement today after the Federal Communications Commission (FCC) voted to repeal net neutrality rules.
“We are disappointed by today’s action by the FCC, which leaves high-growth startups without net neutrality protections in the marketplace,” said Bobby Franklin, President and CEO of NVCA. “Our hope remains that Congress will come together on a bipartisan basis and put in place robust net neutrality rules that give entrepreneurs and venture capitalists the confidence they need to create the next-generation of great American companies.”
View NVCA Comment Letter to FCC from July
About National Venture Capital Association
Venture capitalists are committed to funding America’s most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. As the voice of the U.S. venture capital community, the National Venture Capital Association (NVCA) empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. As the venture community’s preeminent trade association, the NVCA serves as the definitive resource for venture capital data and unites its member firms through a full range of professional services. For more information about the NVCA, please visit www.nvca.org.