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.”
