Show an ad over header. AMP

The new media mogul: Andreessen Horowitz

One of Silicon Valley's most formidable venture capital firms is doubling down on content, putting some tech media outlets on edge.

Why it matters: Andreessen Horowitz isn't interested in traditional journalism, but, in an era where content and reach is power, it wants to exert more influence over how people think about tech and business issues.

Catch up quick: Andreessen Horowitz (a16z for short) isn't new to content. Some of its partners are veteran bloggers and authors. For years, it's hosted podcasts and produced live events. And its investments have included Facebook, Reddit, Pinterest and Substack.

  • The firm also has employed a former Wired editor for the past six years, and has become an omnipresent force on new social chat app Clubhouse (in which it's the largest outside investor).

Driving the news: A16z, a multi-billion dollar firm that invests across industries, announced in January that it's building a new and separate media property. "We want to be the go-to place for understanding and building the future, for anyone who is building, making, or curious about tech," it said in a blog post.

  • Some tech journalists were immediately skeptical, particularly as a16z has gone from being the Valley's most press-friendly VC shop to becoming much more circumspect.
  • It also came against a backdrop of several tech execs publicly pushing back against mainstream media publications, believing they've become interchangeable groupthink that focuses primarily on negative narratives.
  • Some of those tech executives feel it's best to ignore interview requests, and instead share thoughts directly via personal or company media channels.
  • In short: Andreessen Horowitz has been accused of seeking to disintermediate the press, either as punishment for unflattering coverage or as an effort to shape future coverage.

A source familiar with Andreessen Horowitz's thinking says the aim of its content effort is to supplement rather than supplant — to elevate innovation and leave the exposés to others.

The big picture: Venture capital firms have long used content marketing as a tool to accrue talent and entice entrepreneurs. It's not uncommon to hear founders reference a16z blogs or research in pitch meetings. The main difference here is that a16z is making content more central to its strategy.

Go deeper: Media's deepening trust crisis

Top Chinese diplomat warns Biden against meddling in country's affairs

Chinese Foreign Minister Wang Yi in a speech on Sunday warned the U.S. against getting involved in China's "internal affairs," saying that "both sides need to abide by the principle of non-interference," CNBC reports.

Why it matters: Biden has promised a hardline approach with China. Tensions between the U.S. and China had heightened for years under the Trump administration.

Keep reading... Show less

America is learning to rebalance its news diet post-Trump

Nearly halfway through President Biden's first 100 days, data shows that Americans are learning to wean themselves off of news — and especially politics.

Why it matters: The departure of former President Trump's once-ubiquitous presence in the news cycle has reoriented the country's attention.

Keep reading... Show less

Why migrants are fleeing their homes for the U.S.

Natural disasters in Central America, economic devastation, gang wars, political oppression, and a new administration are all driving the sharp rise in U.S.-Mexico border crossings — a budding crisis for President Biden.

Why it matters: Migration flows are complex and quickly politicized. Biden's policies are likely sending signals that are encouraging the surge — but that's only a small reason it's happening.

Keep reading... Show less

Cities' pandemic struggle to balance homelessness and public safety

Addressing homelessness has taken on new urgency in cities across the country over the past year, as officials grapple with a growing unhoused population and the need to preserve public safety during the coronavirus pandemic.

Why it matters: It’s led to tension when cities move in to clear encampments — often for health and safety reasons — causing some to rethink the role of law enforcement when interacting with people experiencing homelessness.

Keep reading... Show less

Biden to sign voting rights executive order to mark "Bloody Sunday" anniversary

President Biden will sign an executive order today, on the 56th anniversary of "Bloody Sunday," meant to promote voting rights, according to an administration official.

Why it matters: The executive order comes as Democrats face an uphill battle to pass a sweeping election bill meant, in part, to combat a growing number of proposals introduced by Republicans at the state level that would restrict voter access.

Keep reading... Show less

New York Gov. Cuomo faces fresh misconduct allegations from former aides

The office of New York Gov. Andrew Cuomo (D) was on Saturday facing fresh accusations of misconduct against his staff, including further allegations of inappropriate behavior against two more women. His office denies the claims.

Driving the news: The Washington Post reported Cuomo allegedly embraced an aide when he led the U.S. Department of Housing and Urban Development and that two male aides who worked for him in the governor's office accused him of routinely berating them "with explicit language."

Keep reading... Show less

In photos: Minnesota protesters rally for George Floyd ahead of Derek Chauvin's trial

Dozens of protesters were rallying outside the Minnesota governor's mansion in St Paul Saturday, urging justice for George Floyd ahead of former Minneapolis police officer Derek Chauvin's trial over the 46-year-old Black man's death.

The big picture: Chauvin faces charges for second-degree murder and manslaughter over Floyd's death last May, which ignited massive nationwide and global protests against racism and for police reform. His trial is due to start this Monday, with jury selection procedures.

Keep reading... Show less



Get Goodhumans in your inbox

Most Read

More Stories