Andreessen Horowitz, a well-known venture capital firm, has hired former Facebook General Counsel Ted Ullyot to help launch a new policy division to help the firm’s portfolio companies navigate state and federal regulations when launching new services, Re/code reports. “As I look around the landscape today, you have many companies today in a similar position to where Facebook was in the early days,” Ullyot said. He added that he will advise companies that are facing regulatory or political hurdles, including issues around privacy compliance. Ullyot helped Facebook negotiate a privacy settlement with the Federal Trade Commission, the report states.
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