Why VC Firms are Registering as Investment Advisors

David Horowitz – What do venture capital firms Andreessen Horowitz, General Catalyst, Foundry Group, and our company Touchdown Ventures all have in common? All of these venture capital organizations have become Registered Investment Advisers (“RIAs”). Touchdown has been registered as an RIA since the inception of our firm, in 2014.

To explore this growing trend of venture capital firms registering as investment advisers, I sat down with Saleemah Ahamed of Adherence, a company that provides compliance services to investment firms.

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