#CFIUS GUIDANCE: @USTreasury recently updated their FAQs on the FIRRMA pilot program. @nvca has asked for additional guidance since the pilot went into effect in November and there has been very limited clarity. Read on to hear what Treasury said (1/12) tinyurl.com/yccp4ne7 Most interesting FAQ is #22 which pertains to how the pilot rules deal with a foreign person that does a indirect investment via a fund but ALSO a direct investment into a US company. This is something NVCA asked about in our Nov. filing. (2/12) tinyurl.com/yytuwpgk

.@nvca recently joined @kenaninstitute & @StanfordGSB in releasing Immigrant Entrepreneurship: An American Success Story, a one-stop-shop for policymakers on the incredible impact foreign-born entrepreneurs have on the US economy & what holds them back. tinyurl.com/yyq79n2l What does the report show? 1) Startups are critical to US job creation--nearly 3 million new jobs per year are traced to firms that are less than 1 year old; 2) Immigrants are entrepreneurial--first-gen immigrants create ~25% of new US firms;