a16z Announces Company Incorporation Change from Delaware to Nevada

On July 10, according to a16z's official blog, venture capital firm AH Capital Management (a16z) announced that it would move its place of registration from Delaware to Nevada. a16z stated that the recent judgments of the Delaware Court of Chancery are subjective, which has weakened its reputation as an impartial and professional court and increased legal uncertainty. In contrast, Nevada has taken steps to establish a technical, non-ideological commercial dispute resolution mechanism and has clearly stipulated the "business judgment rule" in its regulations, limiting the ability of judges to modify the rule. Previously, technology companies such as Dropbox, Tripadvisor, and Tesla have moved out of Delaware. [Deep Tide TechFlow]