Foley & Lardner LLP partners Louis Lehot and Patrick Daugherty authored the Legaltech News article, “Looking at the Impact of Venture Capital and the Future of Technology Innovation.”
The technology sector has undergone a remarkable period of advancement in the last half-century, marked by rapid expansion, groundbreaking innovation, and a profound reshaping of various aspects of human existence and global connections. At the heart of this evolution is a crucial factor that has consistently propelled innovation forward: venture capital.
The authors explore the impact of venture capital on the U.S. economy, survey the birth of global technology titans that it fueled, and posit the risks of regulation by enforcement.
“We must recognize the value of venture capital and promote an environment that supports and encourages its continued growth,” the authors conclude. “Otherwise, we risk losing the tech industry’s tremendous potential for our economy and society.”
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