a16z relocates main entity AH Capital Management from Delaware to Nevada

According to ChainCatcher, a16z announced on its official blog that the leading US venture capital firm will relocate the registration of its main business entity, AH Capital Management, from Delaware to Nevada.

In a joint article by three of the firm's partners, they pointed out that recent rulings by the Delaware Court of Chancery have become increasingly subjective, undermining the business community's trust in its "gold standard" judicial system. a16z emphasized that it will continue to invest in companies registered in Delaware, but believes that tech founders should reconsider their choice of registration location.