DOJ investigating Andreessen Horowitz board seats
The Department of Justice is investigating venture capital firm Andreessen Horowitz for potential antitrust violations related to two partners holding board seats at competing companies—Ben Horowitz at Databricks and Martin Casado at Fivetran. The DOJ has been examining this arrangement for nearly a year using a rarely-applied 112-year-old antitrust law. While board conflicts are common in venture capital, the investigation suggests regulators are scrutinizing whether such arrangements could harm competition.
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Why is the DOJ investigating Andreessen Horowitz’s board seats?
The Department of Justice is investigating venture capital firm Andreessen Horowitz for potential antitrust violations related to two partners holding board seats at competing companies—Ben Horowitz at Databricks and Martin Casado at Fivetran. The DOJ has been examining this arrangement for nearly a year using a rarely-applied 112-year-old antitrust law. While board conflicts are common in venture capital, the investigation suggests regulators are scrutinizing whether such arrangements could harm competition.
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