Private Equity 24 Hours

Last updated: August 22, 2026, 8:32 PM ET

Venture Capital

The DOJ’s investigation into startup board seats is confounding VCs, who wonder why regulators are targeting a16z’s director positions. On the latest Equity episode, the panel debated whether the probe will chill other venture funds’ willingness to accept board roles, or simply force more restrictive terms.

Sports Private Equity

Fenway Sports Group has sold a minority stake in Liverpool to a Bezos-backed consortium, pegging the Premier League club at a record $7bn enterprise valuation. The transaction underscores how deep and structural private equity capital flows remain.