Scott Cupor, the first rental in the Silicon Valley Powerhouse at risk capital Andreessen HorowitzIt deviates from the active management of dozens of funds, but maintains a passive share in almost 40 other solid funds, as the Senate separates its nomination by Trump to run the staff management office.
The buyer will resign as a management partner with A16Z, because the company is known, and has already abandoned its control member in 32 A16Z funds, including several biological and seed funds, according to a letter written by Ethics OPM official, which was published on the eve of the hearing on Thursday. According to the letter, a passive investor will remain in 38 other funds, although it will take away any conveyed interest that was without regulations when appointed.
As part of its appointment, the buyer will also be separated from the position in Microsoft,, Apple,, Adobe,, Amazon,, Lockheed Martinother companies, and resign with several positions of the Committee in the A16Z portfolio companies, including Formation Bio, a startup that uses AI to accelerate medication development; Talkiatri, startup psychiatric care; Pearl Health, Starting Primary Care software; and Foursquare, a geolocation company and social networks. It will also deviate from the Committee of the Institute for the entire Health Institute of Alice Walton, a non -profit organization founded by Walton in 2019 to process the payment system for health care and health care and children’s research hospital. Jude.
Cupor is among several distinguished investors and entrepreneurs who eavesdropped on roles in Trump’s administration, along with Ai and Krypto Car David Sacks craft ventures and older white house policy adviser AI I scream Krishnanwho previously worked on A16Z.
While federal ethics regulations through the Government Ethics Office often demand that the named cabinets give up any company with financial interests that either represent a conflict of interest or lead to the perception of one, some Trump selections, such as Tesla Executive Director Elon MuskThey kept their daily jobs working with a white house as “special government employees” who can only serve 130 days.
The buyer refused to comment on this story. The A16Z spokeswoman said that the location of the counsel board would be covered by other people in the company.
On Thursday morning, the buyer had a certificate with the US Senate Committee for Homeland and Government’s affairs, in which he testified to Republican and democratic members and presented his general plans and access to take the role.
Buy Trump chose in December to run the staff management office. The buyer was the first rental of Marc Andressen and Ben Horowitz in 2009, shortly after they set up a risk capital company. Both investors had publicly supported and donated to Trump’s campaign in 2024, and since the Andreessen election he spent a significant time in Mar-a-lag, and Vice President JD Vance speak at the US summary of American dynamism in the DC.
Coupor’s hearing on Thursday Sometimes they became controversial because the senators pressed the couples to comment on the release and cuts that disturbed numerous federal agencies in the months since President Donald Trump assumed his duty. The buyer refrained from talking about any of the interruptions, but repeatedly said that he believed that it was important to treat federal employees in a way that “respects dignity and humanity” workers.
“I was very clear in my written answers, in the conversations we had, that I think the procedure is the one that requires transparency and communication, and we must recognize and respect humanity of labor,” the buyer calmly said during the hearing in response to questions.
In the prepared statements to the Committee, the buyer emphasized its time on A16Z and its role in construction from a $ 300 million fund at a financial institution of $ 45 billion in the amount of 600 people.
“Yes, I come from the private sector and, yes, I admit that the Government is not a private sector. It is right, the Government may have different goals and goals that should inform our thinking,” Kupor said. “But the basics of organizational design are the same, whether in non -profit organizations, government or in the private sector. I believe here that professional experiences are uniquely responsible for this role.”
This story is originally shown on Fortune.com