a16z Hires Former Facebooker Ted Ullyot To Help Portfolio Companies Deal With Regulatory Issues

Protip: don’t build a business in a regulated sector.

TechCrunch

TWU current photo[1]As companies like Lyft and Airbnb have grown, they’ve run up against local governments and regulatory agencies in multiple markets in the U.S. and abroad. To help those portfolio companies and others like them, Andreessen Horowitz has hired former Facebook general counsel Ted Ullyot to lead a new policy and regulatory affairs function within the firm.

Ullyot brings with him experience on both the tech and government side of things. He served as general counsel for Facebook from 2008 through 2013, which coincided with incredible growth and regulatory scrutiny. As it grew from a small, privately run social network to a global behemoth, Facebook faced a number of challenges related to its product and services from policymakers and government agencies.

Prior to Facebook Ullyot worked as a D.C. lawyer in a variety of roles, including as a law clerk for U.S. Supreme Court Justice Antonin Scalia, as a litigation partner…

View original post 335 more words

%d bloggers like this: