Mona’s entrepreneurial career has often intersected with federal and state technology and financial policies. Today she is working at the policy level to help course correct structural dysfunctions in the U.S. capital markets – dysfunctions that underlie U.S. wealth inequality, an IPO crisis, and VC/PE liquidity crisis affecting investors, capital formation, and the broader economy. Her recent SEC petition for rulemaking, Senate Banking Committee letter, and DOL comment on the proposed rule implementing White House Executive Order 14330 (links below) – advocate for regulatory support to unlock $12T+ in U.S. capital formation, improve IPO and market functionality, and expand wealth access for all Americans.
In 2007-10, Mona built InsideVenture, the first private market platform (now part of the Nasdaq Private Market) which was recognized as Pillar 2 of the National Venture Capital Association’s (NVCA’s) 4-Pillar Plan to Restore Liquidity in the U.S. Venture Capital Industry.
In 1996, she helped found the Maryland Department of Business and Economic Development’s Technology Commercialization Office. In 1998, Mona independently authored legislation and lobbied to activate pension fund allocations to the venture capital asset class, resulting in billions of new LP investments over the decades since.
Fiduciary Duties in Selecting Designated Investment Alternatives” – Comment on Proposed Rule, RIN 1210-AC38; Re: White House Executive Order 14330: Democratizing Access to Alternative Assets for 401(k) Investors
The infographic below documents the structural collapse of U.S. capital markets since 2000 – the IPO drought, the wealth concentration, and the consequences for American founders and investors. It also shows the path forward: how the reforms above can unlock an allocation of $12T+ from the current $98T of U.S. Retail Investor AUM and rebuild functional markets that serve everyone.