According to the Financial Times, Venture Capital Firm is in discussions to invest in Tiktok as part of a bid led by Oracle and other American investors.
Tiktok is expected to be banned again in the US on April 5, unless the Chinese-based owner sells its US branch to non-Chinese owners. According to Fort, the Oracle trade is said to be one of the front runners.
Andreessen Horowitz has a long history of investing in social media. An early investor in Facebook and Instagram, he invested $400 million to help Elon Musk acquire Twitter. The company did not immediately respond to requests for comment.