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We're at a point now where VCs are going to have to start refusing money from nearly everybody foreign thanks to the new CFIUS rules. They're so overly broad in
by jaypeg25 8y ago
We're at a point now where VCs are going to have to start refusing money from nearly everybody foreign thanks to the new CFIUS rules. They're so overly broad in identifying high-tech industries that I think there's going to be a lot of issues over the next couple years of implementation.
- adventured 8y ago> VCs are going to have to start refusing money from nearly everybody foreign thanks to the new CFIUS rules That isn't going to happen at all. The point of CFIUS is selective enforcement, not broad, strict enforcement. It's the exact same reason anti-trust laws are vague, so they can selectively go after anyone at any time if they so choose. The point is to be able to further control the economy, whenever that is desirable, and to target a given nation for restrictions if it's viewed as politically advantageous. The point is absolutely not to clamp down on all foreign investment.
- jaypeg25 8y agoThe point of CFIUS used to be selective enforcement. But the new rules require mandatory disclosures of any foreign investment into a high-tech company.