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. Board conflicts aren’t exactly new, and these companies weren’t necessarily direct competitors when a16z first invested […]
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, and these companies weren’t necessarily direct competitors when a16z first invested […]
Story details
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 […]
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Original source
https://techcrunch.com/video/why-is-the-doj-investigating-andreessen-horowitzs-board-seats/