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Mark Heesen, who leads the venture industry’s main lobbying group, said today that there have been pluses and minuses about President Obama’s approach to regulation and taxes. Heesen said the federal government is considering some anti-venture legislation, but he sounded pretty confident that most of it won’t get passed.

Heesen is president of the National Venture Capital Association, and he made today’s remarks on-stage at the group’s annual meeting. The good thing about Obama is that “this is a president and an administration that understands technology,” he said. The downside, however, is that Obama’s adminsitration took on too much, too quickly.

“I think they’re suffering the backlash from that right now,” Heesen said.

To read the full, original article click on this link: Venture lobbyist Mark Heesen: VCs are taxman’s “lowest-hanging fruit” | VentureBeat

Author: Anthony Ha