Andreessen Horowitz to Back Pro-Tech Political Candidates (1)

Andreessen Horowitz will financially support political candidates for the first time this election season, throwing the venture capital firm’s weight behind individuals who support an “optimistic, technology-enabled future” and oppose “misguided” regulation.

“While ‘Big Tech’ is well represented in Washington D.C., their interests are often at odds with a positive technological future as they are more interested in regulatory capture and preserving their monopolies,” firm co-founder Ben Horowitz wrote in a blog post on Thursday. “As a result, technology startups need a voice.”

Andreessen Horowitz, known for its hefty investments in artificial intelligence, biotechnology and crypto — and for its ...