“If you are a startup in a heavily regulated space, if you are a startup In healthcare, if you have a Washington lobbyist and know exactly what's happening in the agencies as well as what's happening on the Hill, that shows a certain sophistication and a certain knowledge and investors like to see that you know your regulators.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Heather Podesta
Insight
Podesta: Knowing key politicians is no longer enough to pass legislation
“It's no longer enough to know the chairman of the Appropriations Committee to get something done. And you actually have to have the facts on your side.”
Podesta: Washington D.C. is a fact-free zone for tech startups
“I like to say that DC is a fact for Free zone. And relying on a congressional office or an agency to figure out how your business works by, you know, jumping onto the internet and, you know, doing a news search isn't enough.”
Podesta: Members of Congress eagerly seek association with new tech
“Especially with new technologies, members of Congress are really keen to be part of the next cool hip thing. So if you are that shiny silver object and they want to be associated with you with it, they're keen to learn more.”
Podesta: Effective tech lobbying requires local job data, not future promises
“Part of it is Explaining issues to people in terms of not what you're promising, but what you're actually delivering, but coming in with concrete data in terms of there are 206 people employed in your district. And they're very concerned about your position on…”
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