Lightspeed VC Barry Eggers says Biden will benefit tech industry

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Lightspeed founder Barry Eggers is one of the most powerful VCs as chair of the National Venture Capital Association. He predicts a tech boom under Biden.

We hope now with the Biden administration that we can put that in place — because we think it's really important that if people come here and they create American jobs, we let them stay.

. So, you know, immigration is obviously really important for us, to continue to expand the number of entrepreneurs that we can serve as a market.I think we'll see a resurgence inIt's going to be really important over the next 10 years. Now that we have someone in office who cares a lot about climate, you'll potentially see more partnering between the government and startups. Because it's hard to fund these things. It takes a lot of capital before you know things are working.

 

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