Andrew Chen. Photo courtesy of Andreessen Horowitz.

Andrew Chen is stepping down as head of growth at Uber, in order to join venture firm Andreessen Horowitz as a general partner.

Why it matters: Chen is as well-known in Silicon Valley for his thoughtful business writing as for his work as an executive.

Four things to know:

  • He began his professional career as a Seattle-based analyst at Mohr Davidow Ventures.
  • His real claim to fame came from the hundreds of online essays he published, with a focus on go-to-market strategies. Among the terms he popularized was "growth hacker."
  • Marc Andreessen and Ben Horowitz reached out to Chen in 2007, when they were still just angel investors:
  • Chen comes from Uber and Andreessen Horowitz is an investor in Lyft, but Ben Horowitz tells Axios: "The single most important characteristic for a partner here is integrity. He was very clear that confidential information is just that and I wouldn't hire someone who would share information with a competitor, even after he left."

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Updated 1 min ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11:30 p.m. ET: 31,478,387 — Total deaths: 968,726 Total recoveries: 21,622,862Map.
  2. U.S.: Total confirmed cases as of 11:30 p.m. ET: 6,895,685 — Total deaths: 200,768 — Total recoveries: 2,646,959 — Total tests: 96,612,436Map.
  3. Health: The U.S. reaches 200,000 coronavirus deaths — The CDC's crumbling reputation — America turns against coronavirus vaccine.
  4. Politics: Elected officials are failing us on much-needed stimulus.
  5. Business: Two-thirds of business leaders think pandemic will lead to permanent changes — Fed chair warns economy will feel the weight of expired stimulus.
  6. Sports: NFL fines maskless coaches.

Trump pushes to expand ban against anti-racism training to federal contractors

Trump speaking at Moon Township, Penns., on Sept. 22. Photo: Mandel Ngan/AFP via Getty Images

President Trump announced late Tuesday that the White House attempt to halt federal agencies' anti-racism training would be expanded to block federal contractors from "promoting radical ideologies that divide Americans by race or sex."

Why it matters: The executive order appears to give the government the ability to cancel contracts if anti-racist or diversity trainings focused on sexual identity or gender are organized. The memo applies to executive departments and agencies, the U.S. military, federal contractors and federal grant recipients.

Dan Primack, author of Pro Rata
3 hours ago - Economy & Business

GoodRx prices IPO at $33 per share, valued at $12.7 billion

Illustration: Sarah Grillo/Axios

GoodRx, a price comparison app for prescription drugs at local pharmacies, on Tuesday night raised $1.14 billion in its IPO, Axios has learned.

By the numbers: GoodRx priced its shares at $33 a piece, above its $24-$28 per share offering range, which will give it an initial market cap of around $12.7 billion.

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