US EditionBeware Delaware? Andreessen Horowitz Is Relocating to Nevada and Says You Should, Too
UNITED STATES, JUL 9 – Nevada’s legal reforms include protections that limit shareholder lawsuits and support business risk-taking, attracting major tech firms like Tesla and Dropbox, experts said.
- On Wednesday, venture capital firm Andreessen Horowitz announced it was relocating its main entity, AH Capital Management, from Delaware to Nevada.
- Industry insiders blame Delaware's Court of Chancery for injecting subjectivity into rulings, undermining trust and prompting high-profile companies to leave the state.
- High-Profile firms including Tesla, SpaceX, Dropbox, Tripadvisor, and Pershing Square are leaving Delaware, with Andreessen Horowitz joining the growing exodus trend.
- Nevada is emerging as a business-friendly hub, offering clear laws and stability, shifting from a second-tier status to a viable alternative for incorporation.
- Long-Term, Nevada’s legal reforms may attract more high-growth companies and high-paying jobs, positioning it as a major business hub beyond its current status.
14 Articles
14 Articles
Venture capital giant flees Delaware to incorporate in Nevada, urges others to do the same • Nevada Current
The New Castle County Courthouse, home of the Delaware Chancery Court. (Photo by William Thomas Cain/Getty Images)The country’s largest venture capital firm this week announced it is moving its state of incorporation from Delaware to Nevada, and it encouraged other venture capitalists to follow suit. Andreessen Horowitz’s move is the latest sign there may be momentum in the push to establish the Silver State as a premier destination for corporat…
Business Insider
DNyuzHere are the biggest companies that have followed Elon Musk out of Delaware
Elon Musk reincorporated SpaceX from Delaware to Texas in 2024, sparking a wider exodus from the historically business-friendly state.Kevin Dietsch/Getty ImagesMultiple companies are leaving Delaware, a historically business-friendly state.Elon Musk inspired the exodus in 2024 when he reincorporated SpaceX in Texas.Most recently, VC firm Andreessen Horowitz said it would reincorporate its main business in Nevada.Delaware was once the go-to state…
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