Written by Kathy Wheatley on
 February 6, 2025

Daniel Penny lands key role at Andreessen Horowitz post-acquittal

Two months after his acquittal in a controversial legal battle, Andreessen Horowitz, a renowned Silicon Valley investment firm, appointed former Marine Daniel Penny to a significant finance position.
According to the Daily Mail, Daniel Penny's new career chapter begins soon after his trial conclusion, where he faced no charges related to the subway chokehold case involving Jordan Neely.

Penny, 26, found himself at the center of a national debate over racial injustice after the chokehold incident that led to Neely's death, a black homeless man known for being a Michael Jackson impersonator. The incident not only prompted widespread discussions but also divided national opinion, with some perceiving Penny's actions as heroic, while others criticized them as racially motivated.

Chokehold Incident Leads to High-Profile Trial

The legal scrutiny culminated in a six-week trial at the Manhattan Supreme Court, closely watched by media and public alike. During the proceedings, the jury remained initially deadlocked on the manslaughter charge, which was subsequently dropped by prosecutors, leading to Penny's full exoneration of all charges, including negligent homicide.

Following the verdict, Penny's involvement in the case continued to evoke strong responses. Andre Zachery, Neely's father, expressed profound dismay at the outcome, claiming the justice system failed. In contrast, reactions from groups like Black Lives Matter showcased a stark divide in public sentiment, highlighted by their call for "black vigilantes" in response to such outcomes.

New Beginnings at Andreessen Horowitz

Despite the controversial backdrop, Penny's next steps took him towards a significant career shift. Hired by Andreessen Horowitz, he now operates from the firm's Manhattan headquarters, focusing on its American Dynamism branch. His role is multifaceted: learning the nuances of investment and helping support the firm's portfolio companies.

David Ulevitch, a general partner at Andreessen Horowitz, praised Penny's hiring in an internal memo. Ulevitch emphasized Penny's courage during the subway incident and informed the team of his new responsibilities, including strengthening ties with the Department of Defense and public safety sectors.

The firm supports Penny, with Ulevitch mentioning, "He was acquitted of all charges," and arguing that assessing one's entire legacy rather than their worst moment aligns with the firm's policy.

Penny's Role in Bolster Defense and Public Safety Relationships

At Andreessen Horowitz, the firm deems Penny's military experience beneficial for advancing its interests within the public safety and defense sectors. His principal tasks involve engaging with these sectors to cultivate deeper, more strategic partnerships.

Additionally, Penny's position includes a significant educational component—gaining deeper insights into the business of investing, which is crucial for handling investments pertinent to national security and public safety fields.

An author page on the firm’s website indicates that Penny is not only partaking in backend investment operations but also becoming a representative face for these efforts, bridging his past military service with current financial strategies.

Penny's Public Appearances and Future Outlook

Since his trial, Penny has not shied away from the public eye, appearing alongside President-elect Donald Trump and future Vice President JD Vance at the Army-Navy game in December 2024. His visibility at such high-profile events suggests a continued public and political engagement.

In an interview with Judge Jeanine Pirro, Penny expressed his relief over the trial's outcome, articulating a sense of responsibility to prevent harm to others, echoing the sentiments that initially led to his controversial actions on the subway.

As Penny embarks on this new phase in his career, the intersections of justice, public perception, and professional reinvention continue to stir dialogue and debate across various sectors of American life.

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About Kathy Wheatley

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