Andreessen Horowitz Leaves Delaware for Nevada, Tells Startups to Follow
The Delaware Court of Chancery buildingPhotographer: Sarah Silbiger/BloombergThe Silicon Valley venture capital firm Andreessen Horowitz is reincorporating its business from Delaware to Nevada and calling for its portfolio companies to do the same — citing concerns over bias in the state “against founders and their boards.”The firm said on Wednesday the decision was driven by growing unease with Delaware’s Court of Chancery, which it accused of injecting an “unprecedented level of subjectivity” ...
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