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Why is the DOJ investigating Andreessen Horowitz over board seats? | Equity Podcast

Andreessen Horowitz has two partners sitting on the boards of companies that now compete with each other: Ben Horowitz at Databricks and Martin Casado at Fivetran. Nothing too scandalous on the surface, except ⁠the Department of Justice has reportedly been investigating the arrangement ⁠for almost a year, dusting off a 112-year-old antitrust law that’s rarely…

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Andreessen Horowitz has two partners sitting on the boards of companies that now compete with each other: Ben Horowitz at Databricks and Martin Casado at Fivetran. Nothing too scandalous on the surface, except ⁠the Department of Justice has reportedly been investigating the arrangement ⁠for almost a year, dusting off a 112-year-old antitrust law that’s rarely used against VCs. 

Board conflicts aren’t exactly new, and these companies weren’t necessarily direct competitors when a16z first invested in them. But as portfolio companies expand into each other’s markets, the DOJ’s scrutiny raises a much bigger question for venture firms: How do you manage board seats when the boundaries between your portfolio companies keep moving? 
 
On this episode of TechCrunch’s⁠ Equity⁠ podcast, Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into the a16z probe, what it could mean for VCs, and more of the week’s headlines. 

Subscribe to Equity on ⁠YouTube⁠,⁠ Apple Podcasts⁠,⁠ Overcast⁠,⁠ Spotify⁠ and all the casts. You also can follow Equity on⁠ X⁠ and⁠ Threads⁠, at @EquityPod. 
 
Chapters: 
 
00:00 Intro 
1:02 TechCrunch Disrupt and the Startup Battlefield 200 
3:17 The DOJ is investigating a16z over board seats 
14:47 Why Stripe just paid $7.5B for “the Stripe for AI” 
18:18 The mid-tier AI scramble: gateways, pivots, and acquihires 
23:17 Anthropic’s revenue surges while OpenAI’s losses deepen 
27:08 Also raises $150M and drops the “micro mobility” label 
32:30 Uber teams up with Zipline for drone delivery 
37:19 Wispr hits a $2B valuation 
38:26 Outro

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  1. @ManuPagol

    August 22, 2026 at 12:29 pm

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Adobe Max 2026 Supercut: Everything Announced in 18 Minutes

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Adobe held its annual Adobe Max event in Miami Beach, Florida, on Tuesday. See all the highlights and new features coming to Adobe’s Creative Cloud for video editing, photo editing and generative AI for video.

Read more about Adobe Max on CNET.com
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Apple’s iPhone Duo is out and we want to see how durable it is. So we built a robot to fold it 20,000+ times a day to test its limits. How long do you think it will last? 100,000 folds? 200,000 folds? 500,000 folds? Tune in and watch the testing live. We’ll have CNET’s editors online to answer any of your questions.

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Unboxing Sony’s PlayStation Pulse wireless headset

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Sony’s new PlayStation Pulse wireless headset has AI noise rejection tech on the mic and PlayStation Link support so you can use them with your PlayStation plus other Bluetooth devices. Let’s take a look in Midnight Black and White. #playstation #headset #gamingheads #sony #unboxing

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