Tim Draper told AO that Silicon Valley will be stuck in a quagmire until the Sarbox noose is loosened. “At DFJ, we have 20 companies ready to go public, and they are in a bit of a logjam. That's created by this system that we’re stuck with—Sarbanes Oxley.
"Once they’ve either repealed or eliminated Sarbanes Oxley, that logjam will be broken, venture capitalists will be able to return great amounts of money to their investors, and their investors will fund them again.”
