California venture capital firms forced to disclose minority funding rates under new law

California lawmakers have passed a landmark bill that will require venture capital firms to publicly disclose the backgrounds of founders they’ve supported in a bid to improve investment transparency. 

The law, which is due to come into effect in March 2025, means VCs operating in the state will be required to disclose information on founders they pledge financial support to.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button