Bobby Franklin is the president and CEO of National Venture Capital Association, which advocates for public policy that supports the American entrepreneurial ecosystem. During his talk with host Matt Waller, he explains what venture capital is and the difference between terms like seed funding, angel funding, and VC funding. He also discusses the history of the venture capital industry in the U.S., the misconceptions some have about the industry, and how important it is to the U.S. economy. Learn more about National Venture Capital Association: https://nvca.org/