a16z reveals lobbying plan: Throw money at tech-forward politicians
Ben Horowitz, one of the firm’s founders, has pledged to support any politician that helps push crypto and AI technology forward.
Venture capital firm Andreessen Horowitz (a16z) is hoping to push pro-crypto and AI regulation forward with seemingly new strategy: Throwing money at politicians.
“If a candidate supports an optimistic technology-enabled future, we are for them. If they want to choke off important technologies, we are against them,” wrote Ben Horowitz, one of the firm’s founders, in a Dec. 14 post, adding:
Horowitz said it would be the “first time” a16z pursues the lobbying route to promote tech-friendly politicians. However, it reportedly held a fundraiser for a New York congressman in October 2022, according to Forbes.
