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Andreessen Horowitz Founders Begin Slow Process of Stepping Back

Ben Horowitz and Marc Andreessen have bought homes in Las Vegas and are cutting down on board memberships.

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Illustration: Klaus Kremmerz for Bloomberg Businessweek
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Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the location on his LinkedIn profile. Goodbye, California. Hello, Las Vegas.

The change is notable among the wave of personal relocations because Horowitz has been one of Silicon Valley’s biggest boosters for years. His partner, Marc Andreessen, has also purchased property in Nevada.