Investors Marc Andreessen and Ben Horowitz will donate to Trump

• Neither Andreessen nor Horowitz is believed to have previously donated to a presidential campaign.
• Andreessen publicly supported Mitt Romney in 2012, but in 2016 said that he was struggling to decide between a candidate who "doesn't believe in science" (Trump) and one who "doesn't believe in economics" (Hillary Clinton), before ultimately endorsing Clinton.
• The Information reported earlier on their planned donations.

Behind the scenes: Andreessen Horowitz, the VC firm the pair co-founded in 2009, said late last year that its partners would begin making donations to political candidates they saw as "advancing technology."

• A source says that the Trump donations are in that vein — motivated by areas like crypto and AI regulation, without regard to other issues like abortion or the Supreme Court.
• In short, they believe Trump will be better for tech startups than will Biden, who they believe favors entrenched incumbents.

Yes, but: Andreessen sits on the board of Facebook, while Andreessen Horowitz has invested in Microsoft-affiliated OpenAI.

The bottom line: Now that Trump is the frontrunner, don't be surprised to see more tech execs in his corner.

Go deeper: Musk endorses Trump after shooting at rally

Update: A video version of Andreessen and Horowitz's podcast has been posted.