"The 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 ... policy leaders from Andreessen Horowitz argued that recent rulings have undermined the business protections in the state that historically helped make Delaware the default choice for tech companies ... Business incorporation fees are critical to Delaware’s economy: They generate more than a quarter of the state’s $6 billion annual budget."
Andreessen Horowitz Leaves Delaware for Nevada, Tells Startups to Follow
The 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.”
Read more about my plan to stop DExit here:
