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DOJ probes Andreessen Horowitz over board seats at competing portfolio companies
๐Ÿ“ˆ Business

DOJ probes Andreessen Horowitz over board seats at competing portfolio companies

The US Department of Justice has launched a probe into venture capital firm Andreessen Horowitz over its representatives sitting on boards of competing portfolio companies. Industry insiders are baffled, arguing that occasional conflicts of interest are unavoidable for large VC firms whose portfolio companies frequently pivot into competing markets. The investigation has drawn significant attention across the tech and investment community.

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