A16Z stands with a decision to hire Daniel Penny

Andreessen Horowitz defends his decision to hire Daniel Penny, according to an investor note seen by The New York TimesS

The risk -capitalist company caused a movement Earlier this week, after announcing that he would hire Penny, which was justified last year for suffocation of a homeless to death in the New York subway.

Penny, a former Marine, has no investment experience. The company said it would work on its American dynamism team, which focuses on government and defense. The company also said it would teach him how to invest.

In the note observed by The New York Times, the company said it spent “a lot of time with military, veterans, veterans, police chiefs, sheriffs” and that these relationships are “critical of our companies’ success.

The note continued: “We believe that there is a long -term value in expanding our network in collaboration with Daniel and we are excited to have it as part of our team.”