Marc Andreessen and Ben Horowitz, co-founders of the influential venture capital firm Andreessen Horowitz, have announced plans to make large donations, reportedly in the millions, to political action committees (PACs) supporting Donald Trump's re-election campaign. This decision was communicated to their staff in recent days. The move marks their first public support for Trump and aligns them with other prominent Silicon Valley investors such as Elon Musk, Palantir co-founder Joe Lonsdale, and the Winklevoss twins, who have also endorsed the former president. Andreessen and Horowitz are reportedly engaging in discussions with a16z founders, limited partners, and allies to explain their pro-Trump stance.
Andreessen Horowitz founders explain why they are endorsing Trump, claiming the future of technology is on the ballot in November. https://t.co/5JbJnMPFdu
Venture capitalists Marx Andressen and Ben Horowitz plan to donate to Trump this election. They join Elon Musk, Palantir co-founder Joe Lonsdale and crypto billionaires Cameron and Tyler Winklevoss in backing the former president’s re-election bid. Follow: @AFpost https://t.co/216nhDidt9
LISTEN NOW: Silicon Valley support grows for Trump; Marc Andreessen, Ben Horowitz, Peter Thiel, and Elon Musk have endorsed the Republican nominee, and our expert says it might be part of a shift in tech. Listen and follow the @SquawkCNBC podcast here: https://t.co/gZaa8fjNXK https://t.co/ceEKGNMRPJ