VCs to Congress: Antipiracy bill will 'chill' tech investment
The people who are instrumental in getting technology start-ups off the ground are imploring Congress not to support a bill designed to give the government more freedom in combating Internet piracy and counterfeiting.
About 50 of some of tech's best-known venture capitalists, including Marc Andreessen, Fred Wilson, and Vinod Khosla, wrote an open letter to members of the U.S. Congress yesterday and outlined how the Protect IP Act would not only fail to achieve its goal of protecting intellectual property but would also "stifle investment in Internet services, throttle innovation, and hurt American competitiveness."
The Protect … Read more