DOJ Investigates a16z Over Startup Board Seats, Raising VC Industry Concerns

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The U.S. Department of Justice has launched an investigation into venture capital firm Andreessen Horowitz (a16z) related to startup board seats. The probe has raised questions across the venture capital industry about potential legal risks tied to investor board participation. The investigation's exact scope and basis remain unclear, though it centers on how VCs engage with the companies they fund. The development has prompted broader discussion about whether the DOJ's scrutiny could deter other venture capital firms from taking board positions in startups.

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