Marc Andreessen

Early Life, Education, and Career - Born in Cedar Falls, Iowa and raised in New Lisbon, Wisconsin - Son of Patricia and Lowell Andreessen - Received bachelor's degree in computer science from the University of Illinois at Urbana–Champaign - Interned at IBM in Austin, Texas and worked at the National Center for Supercomputing Applications - Worked at Netscape, Opsware, and founded Andreessen Horowitz - Invested in successful companies like Facebook, Foursquare, GitHub, Pinterest, LinkedIn, and Twitter Netscape and Opsware - Co-founded Netscape Communications after meeting with Jim Clark - Netscape IPO in 1995 made Andreessen well-known - Named one of the top 100 innovators in the world under 35 by MIT Technology Review - Netscape was acquired by AOL in 1999 for $4.3 billion - Andreessen became the chief technology officer of AOL after the acquisition - Founded Opsware after AOL acquired Netscape - Originally named Loudcloud, provided computing and software services - Changed name to Opsware in 2003 and focused on software as a service and cloud hosting - Acquired by Hewlett-Packard for $1.6 billion in 2007 Andreessen Horowitz - Co-founded Andreessen Horowitz with Ben Horowitz - Invested $80 million in 45 start-ups including Twitter and Qik - Andreessen Horowitz grew to $2.7 billion under management across three funds - Acquired majority stake in Skype in 2009, sold to Microsoft in 2011 for $8.5 billion - Assisted in creating the first free standardized seed round financing documents Ventures and Investments - Co-founded and chaired Ning, after Netscape and Loudcloud - Ning was sold to Mode Media for $150 million - Personal investor in companies including LinkedIn and boutique bank Raine - Serves on the board of Meta, Hewlett Packard Enterprise, Kno, Stanford Hospital, Bump Technologies, Anki, Oculus VR, OpenGov, Dialpad, and TinyCo - Advisor to Asana and director of CollabNet - Invested in companies like Oculus VR, Clubhouse, and OpenGov Controversies and Personal Life - Tweeted controversial comments about India's decision on net neutrality - Facebook's project Free Basics failed due to violations and setting preferential tariffs - Involved in a class action lawsuit against Facebook shareholders - Accused of secretly coaching Zuckerberg and sharing information - Involved in a lawsuit against Zuckerberg's plan to create non-voting shares - Allegedly coached Zuckerberg and shared progress and concerns - Married Laura Arrillaga in 2006, founder of Silicon Valley Social Venture Fund - Endorsed Republican candidate Mitt Romney in 2012 - Endorsed Republican candidate Carly Fiorina in the 2016 primary, later switched endorsement to Hillary Clinton - Purchased a property in Malibu for $177 million - Net worth estimated at $1.7 billion as of February 2023 - Inducted into the World Wide Web Hall of Fame in 1994 - Appointed to the Homeland Security Advisory Council in 2022