Oireachtas Joint and Select Committees
Tuesday, 31 March 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Green Paper on Capital Markets Union: Discussion
2:00 pm
Aideen Hayden (Labour)
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My questions come from a layman's perspective. There is a view among the lay population that venture capitalists are synonymous with vulture capitalists. What springs to mind is a character like Gordon Gekko, taking over a small company, asset-stripping it and selling it off to the market for its bits and pieces or body parts. As a category of investor, venture capitalists do not have a great reputation. Both delegations have made the point that 80% more investment in the SME sector the United States comes from venture capitalists-----