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Daniel Penny Lands New Job


Daniel Penny has landed a job at a Silicon Valley investment firm, The Free Press reports.

“Daniel Penny has been hired by venture capital firm Andreessen Horowitz in Silicon Valley, according to The Free Press,” Collin Rugg wrote.

“The firm was founded by Marc Andreessen and Ben Horowitz,” he added.

“I believe, as I know many of you do, that Daniel acted with courage in a tough situation,” general partner David Ulevitch said, according to The Free Press.

“He was acquitted of all charges. Beyond that, it has always been our policy to evaluate the entire person and not judge them for the worst moment in their entire life,” he added.

The Free Press reports:

He added that he envisions Penny, a former Marine, helping to strengthen the firm’s relationships with the Department of Defense and public safety sector. Penny will work in New York for the firm’s American Dynamism practice, a branch of the company that “invests in founders and companies that support the national interest.”

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Penny has largely avoided the spotlight since his acquittal, but attended the Army vs. Navy football game with then–president-elect Donald Trump. He also revealed in his only post-acquittal interview to date that he still rides the subway—and was recently spotted reading a book while seated on the train.

Marc Andreessen and Ben Horowitz, the firm’s founders, are among the high-profile Silicon Valley leaders who came out for Trump ahead of last November’s election.

“We believe in Daniel and are excited to have him as part of our team,” said Ulevitch in the note.

Per Bloomberg:

Andreessen Horowitz’s American Dynamism practice, which Penny will join with the title deal partner, aims to back companies supporting American interests. The group, founded in 2023, has bet on weapons maker Anduril Industries Inc. and dozens of other startups in the defense, manufacturing and space industries.

Ulevitch co-leads the practice, which represents about one-sixth of the firm’s $45 billion assets under management.

This is a Guest Post from our friends over at 100 Percent Fed Up.

View the original article here.

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