The Justice Department is probing a16z over its partners sitting on rival company boards—Ben Horowitz on Databricks and Martin Casado on Fivetran—raising red flags under the century-old Clayton Act. With Databricks now competing head-on in AI data pipelines against Fivetran’s core business, the investigation could reshape how venture firms engage with portfolio companies, forcing founders to reconsider board commitments from big-name investors.
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