Andreessen Horowitz Hires Marine Veteran Daniel Penny
Andreessen Horowitz has welcomed Daniel Penny, a former Marine veteran known for his intervention during a subway incident, to its American Dynamism team.
Penny, cleared of criminal charges related to the resulting passenger's death, is highly regarded for his courageous actions. Andreessen Horowitz partner David Ulevitch praised Penny's military service and his quick thinking in a critical situation.
The firm's American Dynamism practice, led by Penny as deal partner, supports companies aligned with American interests. Its investments include weapons manufacturer Anduril Industries and startups in defense, manufacturing, and space industries.
As Andreessen Horowitz deepens its ties to Washington, the practice has gained prominence. The firm has earmarked substantial funding for American Dynamism, with over $3 billion invested to date. Vice President JD Vance applauded Penny's hiring on social media.
Andreessen Horowitz's co-founder, Marc Andreessen, is a vocal supporter of former President Trump and has advised the incoming administration. With approximately $45 billion in assets under management, the firm continues to make strategic investments in companies driving American innovation and security.