Friday, August 21
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Topic: andreessen-horowitz

The US Department of Justice headquarters in Washington
New Tech
Friday, 8/21, 03:57 PM

The DOJ is testing a 1914 antitrust law against the way venture capital actually works

  • The Justice Department has spent nearly a year examining whether Andreessen Horowitz breached Section 8 of the Clayton Act by holding board seats at two companies that now compete.
  • Ben Horowitz sits on the board of Databricks, valued at $190 billion; his partner Martin Casado sits on the board of Fivetran.
  • When they took those seats, the two companies were not rivals.

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