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Why is the DOJ investigating Andreessen Horowitz’s board seats?

The DOJ is investigating Andreessen Horowitz under a century-old antitrust law for having partners sit on the boards of competing portfolio companies—Ben Horowitz at Databricks and Martin Casado at Fivetran. The probe signals potential increased regulatory scrutiny of VC dual-board-seat arrangements across the industry.

Background

Andreessen Horowitz (a16z) is one of the most prominent venture capital firms in Silicon Valley. Dual-board-seat conflicts have historically been tolerated, but the DOJ's use of the Sherman Antitrust Act against a VC firm marks a novel enforcement approach.

Source
TechCrunch
Published
Aug 22, 2026 at 12:53 AM
Score
7.0 / 10