Justice Department investigates whether VC board seats break antitrust law

The DOJ's year-long probe of Andreessen Horowitz uses a 1914 law banning directors from sitting on the boards of rival companies. Ben Horowitz serves on Databricks' board ($190B valuation); Martin Casado on Fivetran's. Databricks moved into Fivetran's main market. The law requires no proof of collusion — the overlap itself is the issue. Venture firms commonly hold such overlapping seats. Worth flagging: formal action could prompt industry-wide board reviews.