a16z's board seat shuffle just triggered a century-old antitrust law
Turns out sitting on two rival boards can get you a DOJ knock. Andreessen Horowitz partners Ben Horowitz and Martin Casado hold board seats at Databricks and Fivetran, companies that once occupied different lanes but now compete head-on in data infrastructure. The DOJ has quietly been investigating this setup for nearly a year, dusting off a 112-year-old antitrust law almost never used against VCs. As portfolio companies sprawl into each other's turf, the case could force every major venture firm to rethink how many boards its partners can sit on at once.
Nothing says 'disruption' like getting disrupted by a law from 1914.