Franklin: Startup interests in Washington are drowned out by Fortune 500s
Bobby Franklin · a16z Podcast | Of Policy, Capital, and the Startup Ecosystem · Jan 2, 2019 · at 6:18
Bobby Franklin, President and CEO of the National Venture Capital Association (NVCA), explains why startup interests struggle to be heard in tax policy debates.
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“You have to recognize Washington is really a big company town. I mean, if you think about it, once you become a big company, you're going to have a Washington office. You're going to have a lot of folks running around. And when you have so many voices talking to policymakers on the tax writing committees about what's important to this Fortune 500 company or that Fortune 500 company, it tends to sort of drown out everything else. And I think that's one of the biggest challenges for the startup community is until you get to be a big company, you don't have the resources to really engage in this.”
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