Local Tech Wire

RESEARCH TRIANGLE PARK, N.C. – Dan Primack at Private Equity Hub takes a look at the whopping being detated in Congress. At its core is private equity, something that certainly concerns every venture capitalist and entrepreneur.
However, how is private equity defined?

“We here at peHUB take the term ‘private equity’ quite literally, which results in a broad interpretation that includes seed-stage angel investments all the way through leveraged mega-buyouts. Congress, however, implictly claims to have a more nuanced understanding,”
In his summary, Primack notes concerns about how private equity will be defined.

The obvious implication here is that Congress believes “private equity” poses a systemic risk, whereas “venture capital” does not. A very bold claim, considering that Congress has explicitly admitted that it doesn’t know what it’s talking about…,” he says.