Mr. Penny, who was acquitted after choking a mentally ill subway passenger to death, will work for Andreessen Horowitz.

A wave of partners are leaving blue-chip firms to join emerging funds or start their own — some still unannounced. Meet ...

Vice President Vance celebrated the news that the prestigious venture capital firm Andreessen Horowitz hired Daniel Penny, a ...

His death was sudden and "he didn't have a long illness," his daughter, Christina Kramlich, confirmed to CNBC, adding that ...

This latest initiative raises Hitachi’s total investment in CVC to $1 billion, reinforcing its commitment to identifying and ...

There’s a new leader on Crain’s list of largest venture capital firms in the New York area. Burlington, Vermont-based ...

Penny was acquitted of criminally negligent homicide in the choking death of Jordan Neely. He will start work at Andreessen ...

Sequoia Capital’s evergreen fund has grown to $19.6 billion, according to a U.S. Securities and Exchange Commission filing, a ...

Asia's "nascent capital market" needs a catalyst — but investors shouldn't be deterred from investing in the region's private ...

When accounting startup Bench abruptly failed last month, the shutdown was forced when the company's lenders called in the ...

Venture capital thrives on patient, risk-tolerant investors who understand the long-term nature of returns. However, in ...

Venture capital firms plan to invest more in Latin American startups that offer loans and artificial intelligence products.