a16z has relocated its main entity AH Capital Management from Delaware to Nevada

ChainCatcher news, according to a16z's official blog, the top American venture capital firm a16z announced that it will relocate the registered office of its main business entity, AH Capital Management, from Delaware to Nevada.

The three partners of the firm jointly wrote that the Delaware Chancery Court's recent rulings 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 Delaware-registered companies but believes that tech founders should reassess their choice of registration location.