A memo circulated to investors seems to imply that hiring Daniel Penny will be good for the VC's public safety business.

Mr. Penny, who was acquitted after choking a mentally ill subway passenger who died, was hired to join the firm’s American Dynamism investment team.

Venture capital giant Andreessen Horowitz has hired Daniel Penny, a Marine veteran who became a national figure after he used a chokehold on an agitated subway rider.