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
Marc Lowell Andreessen (born July 9, 1971) is an American businessman and former software engineer. He is the co-author of Mosaic, the first widely used web browser with a graphical user interface; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. He co-founded and later sold the software company Opsware to Hewlett-Packard. Andreessen is also a co-founder of Ning, a company that provides a platform for social networking websites and an inductee in the World Wide Web Hall of Fame. Andreessen's net-worth is estimated at $1.7 billion.
Marc Andreessen | |
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Born | Marc Lowell Andreessen July 9, 1971 Cedar Falls, Iowa, U.S. |
Education | University of Illinois at Urbana–Champaign (BS) |
Occupations | |
Known for | |
Spouse | |
Children | 1 |
Relatives | John Arrillaga (father-in-law) |
Website | a16z |