Venture capital firm Andreessen Horowitz has hired Facebook Inc’s former general counsel Ted Ullyot for handling its policy and regulatory affairs.
Andreessen Horowitz has set up a policy and regulatory affairs team to manage regulatory and legal issues related to technology companies, a spokeswoman for the firm said on Thursday.
Andreessen Horowitz’s portfolio includes online home rental marketplace Airbnb and ride-sharing service Lyft, both of which have faced regulatory issues.
Ullyot has earlier been a litigation partner in Kirkland & Ellis LLP. He has also served as a deputy assistant to former U.S. President George W. Bush and chief of staff at the Justice Department under former attorney general Alberto Gonzales.
(Reporting by Arathy S Nair in Bengaluru; Editing by Kirti Pandey)