This document discusses the importance of patents and adequate funding for the US Patent and Trademark Office (USPTO). It notes that patents are important for venture capital investment and starting companies, as shown by surveys finding that patents influence over 60% of VC funding decisions. However, the USPTO has faced inadequate and decreasing funding, with over $1 billion in fees collected being diverted elsewhere since 1992. This has led to increased application backlogs and processing times at the USPTO. The document argues for increased, stable funding for the USPTO to stimulate innovation.