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Andreessen Horowitz Focus of DOJ Probe Over Board Directors

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Andreessen Horowitz Focus of DOJ Probe Over Board Directors Venture capital firm Andreessen Horowitz is the focus of a Justice Department antitrust probe over whether its investment partners are improperly serving on the boards of competing artificial intelligence companies, according to people familiar with the matter. The companies at issue include Databricks Inc., one of the most valuable privately held technology companies in the world, and Fivetran Inc., both backed by the VC firm,...

Andreessen Horowitz Focus of DOJ Probe Over Board Directors Venture capital firm Andreessen Horowitz is the focus of a Justice Department antitrust probe over whether its investment partners are improperly serving on the boards of competing artificial intelligence companies, according to people familiar with the matter. The companies at issue include Databricks Inc., one of the most valuable privately held technology companies in the world, and Fivetran Inc., both backed by the VC firm, according to the people, who asked not to be named discussing a confidential matter. Andreessen Horowitz co-founder Ben Horowitz serves on the board of Databricks, and partner Martin Casado is a board member of Fivetran. Both companies help businesses collect, organize and analyze massive troves of data.
Andreessen Horowitz Focus (PERSON) DOJ Probe Over Board (ORG) Andreessen Horowitz (PERSON) Justice Department (ORG) Databricks Inc. (ORG) Fivetran Inc. (ORG) VC (ORG) Ben Horowitz (PERSON) Martin Casado (PERSON) Fivetran (ORG)
Originally published by Bloomberg Technology Read original →