VC warns that Trump’s proposed college endowment tax could hurt funding

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Anne Miura Ko, co-founder of Floodgate Partners, warned that some venture capital firms are viewing the Trump administration’s massive tax increase on university endowments with concern.

“There’s a proposal now to raise the endowment tax from 1.4% to 35%, and most people would say, well, endowments are so rich, why should we care? Well, they’re huge limited partners in private equity, whether it’s venture capital or not,” she said in a recent interview. Encounters: “So it might actually impact funding.” Axios Dealmakers Event Wednesday.

Vice President-elect J.D. Vance Suggested A similar bill a year ago as a senator but It was blocked by Democrats. So far, it is not clear whether this tax increase will be implemented, especially given the number of incentives approved by the new administration. Appointees and Donors They are venture capital funds.

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