Andreessen Horowitz is defending its decision to hire Daniel Penny, according to an investor memo seen by The New York Times.

A memo circulated to investors seems to imply that hiring Daniel Penny will be good for the VC's public safety business.

Mr. Penny had many supporters among Silicon Valley conservatives who thought he’d been wrongfully accused in the racially charged case.

Mr. Penny, who was acquitted after choking a mentally ill subway passenger who died, was hired to join the firm’s American ...

Daniel Penny, the former marine acquitted for criminally negligent homicide, was hired by by a venture capital firm because of his character, not DEI.