Venture capitalists are feeling good about the launch of Startup America, a White House-led partnership of private companies and investors to promote entrepreneurship in the U.S., but acknowledge that it’s impossible to say what long-term impact the program will have.
“It will be interesting to see what this ultimately becomes,” said Randy Hawks, a managing director with Claremont Creek Ventures. “At a minimum it’s a good showcase for what everybody’s already doing. It helps the policy makers understand how much force is behind the entrepreneurial economy.”
Representatives of Startup America couldn’t be reached in time to comment about the group’s specific plans for the future.
To read the full, original article click on this link: VCs Applaud ‘Startup America’ But Question Long-Term Impact - Venture Capital Dispatch - WSJ
Author: Scott Denne
