The DOJ is investigating a16z. What does this mean for venture capital?
Andreessen Horowitz has two partners sitting on the boards of companies that now compete with each other: Ben Horowitz at Databricks and Martin Casado at Fivetran. Nothing too scandalous on the surface, except the Department of Justice has reportedly been investigating the arrangement for almost a year, dusting off a 112-year-old antitrust law that’s rarely used against VCs. Board conflicts aren’t exactly new,...
What happened
Andreessen Horowitz has two partners sitting on the boards of companies that now compete with each other: Ben Horowitz at Databricks and Martin Casado at Fivetran. Nothing too scandalous on the surface, except the Department of Justice has reportedly been investigating the arrangement for almost a year, dusting off a 112-year-old antitrust law that’s rarely used against VCs. Board conflicts aren’t exactly new,...
Why it matters
The proceeding may create legal precedent, financial exposure or operating constraints for Regulation.
Affected entities
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1 reports · 1 original report · 1 independent
- TechCrunch AIPrimary source · Supports · EN · 100%The DOJ is investigating a16z. What does this mean for venture capital? ↗
Claims
- The DOJ is investigating a16z. What does this mean for venture capital? Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
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