Cathie Wood and DealMaker CEO Talk Trump, Tesla, Venture Capital and Crypto

Ark Investment Management CEO Cathie Wood and DealMaker CEO Rebecca Kacaba discuss how they are joining forces to unlock access to venture capital opportunities and their views on President-elect Donald Trump's policies. Speaking on "Bloomberg The Close," Wood and Kacaba also discuss the outlook for Tesla and their views on cryptocurrencies.
Wood says the election of Trump will usher in a wave of private-company purchases that had previously been slowed by red tape.
Wood, the founder of ARK Investment Management LLC, said changes at the Federal Trade Commission will unlock latent merger-and-acquisition demand and create “liquidity events” for venture capitalists. 
“M&A has been prevented by the FTC. That is going to change,” Wood said in an interview with Bloomberg Television. “So we are finally going to have price discovery as strategic buyers bid for these innovative companies. We’ll see how much they’re really worth.”

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