Express
a16z Moves Main Entity AH Capital Management's Registration from Delaware to Nevada
Summary: According to reports from a16z's official blog, top US venture capital firm a16z announced that it will be moving the registration of its main business entity, AH Capital Management, from Delaware to Nevada. The firm's three partners jointly wrote that recent judgments by the Delaware Chancery Court have become increasingly subjective, undermining the business community's ...
According to reports from a16z's official blog, top US venture capital firm a16z announced that it will be moving the registration of its main business entity, AH Capital Management, from Delaware to Nevada. The firm's three partners jointly wrote that recent judgments by the Delaware Chancery Court have become increasingly subjective, undermining the business community's trust in its 'gold standard' legal system. a16z emphasized that it will continue to invest in Delaware-registered companies, but believes that tech founders should reassess their choice of registration location.
Tags:
Link: a16z Moves Main Entity AH Capital Management's Registration from Delaware to Nevada [Copy]