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How a pair of antitrust bills could upend venture capital's reliance on acquisitions

Venture capitalists are used to being praised by elected officials, who view early-stage investment as a job creation engine. But a bipartisan schism is emerging over the VC model itself, and its reliance on acquisitions.

Driving the news: Two senators who don't agree on very much, Amy Klobuchar (D-Minn.) and Josh Hawley (R-Mo.), each have proposed antitrust bills that would make it more difficult for large companies to make acquisitions.

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