How Does Privacy Regulation Affect Transatlantic Venture Investment? Evidence from GDPR

An earlier draft of the article was titled “GDPR and the Localness of Venture Investment." We thank Şebnem Kalemli-Özcan, Sang Baum Kang, Hal Varian, Gezinus Hidding, and conference and seminar participants at the American Economic Association, Northwestern University’s Searle Center, Illinois Institute of Technology, and George Mason University’s Program on Economics & Privacy for helpful comments and suggestions. Wagman and Jia gratefully acknowledge support from Data Catalyst (https://www.datacatalyst.org/). All errors are ours. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.