Why is the DOJ investigating Andreessen Horowitz’s board seats?
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.
Why It Matters
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Key Facts
- Fact 1: 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.
- Fact 2: Board conflicts aren’t exactly new, and these companies weren’t necessarily direct competitors when a16z first invested […]
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, and these companies weren’t necessarily direct competitors when a16z first invested […]
(Original synthesis pending human/AI review — generated by the stub provider from the source excerpt only, not copied verbatim from the full article.)
Original source: TechCrunch
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