Being a Co-Founder to Many Companies, Jake Medwell Explains His Views Regarding Infrastructure Legislation in Washington
Jake Medwell is a serial entrepreneur who focuses both on enterprise and consumer investments. He is a co-founder at 8VC, a California-based venture capital firm that was founded in 2012. Before establishing the 8VC company, Jake Medwell co-founded Humin, a customer software company where he managed the engineering team and eventually led to the company’s growth. He is also a co-founder of Kairo society, where he serves as a member of the board of directors. During his college studies, he established Sole Bicycle Company which has developed to become the market leader in the industry.
During the COVID-19 pandemic, Jake Medwell co-founded Operation Masks, which aimed at providing PPE’s to medical workers who were in the frontline of fighting the pandemic. Additionally, he serves as a board member to a variety of companies and also as an advisor. Jake Medwell graduated in 2011 from the University of California. He had been teaching technology and entrepreneurship at the University of California for the last ten years.
In an interview regarding infrastructure legislation in Washington, Jake Medwell states that there is a likelihood of spending approximately $1 trillion to $ 2 trillion in infrastructure. The tax hike is likely to be smaller regarding Biden’s extensive infrastructure and tax plan. Since Biden plans to combine human and physical infrastructure, Jake Medwell believes that a significant percentage of the amount set for infrastructure development will be spent on human infrastructure. He further argues that the infrastructure bill expected to be enacted does not include a traditional highway bill.
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