While the investment industry as a whole is still hoping to sideline efforts to reclassify the way that management fees and carried interest are treated under the tax laws, and private equity firms and hedge funds are massively stepping up their efforts to influence legislation, venture capitalists are still holding on to what they believe is a historic record of defending their position. VCs certainly aren't in a position to throw their bigger-money peers under the bus to save themselves just yet, but National Venture Capital Association president Mark Heesen clearly believes its members must highlight a unique role in the finance industry.Continue reading VCs seek special tax treatment (if necessary) at Tech Confidential.
