Marc Andreessen Joins Facebook Board

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marca.jpgIn early May, Kara Swisher reported that Netscape co-founder Marc Andreessen was going to join Mark Zuckerberg, Peter Thiel, and Jim Breyer on Facebook's board of directors. She was right: TechCrunch reports today that Andreessen has joined Facebook's board, and says an announcement could come as soon as this week. Andreessen will remain chairman of Ning, a social networking startup that, to some extent, competes with Facebook. TechCrunch:

Andreessen joins Facebook at a crucial time in its growth. Competitors MySpace and (increasingly) Google are gunning for control of the social graph, which may be the engine that drives the next big growth wave in advertising. Several early Facebook executives have left this year as the company has evolved, and new executives have taken their places. Zuckerberg needs a trusted guy in his corner to help him avoid missteps like the launch of Beacon last year, which has led to serious privacy concerns. Andreessen has fought similar battles in the past and won, and his counsel is clearly a competitive advantage.

See Also:
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12 Comments

pasan said:
This is very interesting and a serious conflict of interest IMHO. No one knows what direction Ning and Facebook will need to go in over the coming years. They could very well need to collide in the marketplace. Having Mark on the board strikes me as odd considering there are so many great people they could've put there.

I just had a client decide between operating their 'networking' activities on Facebook or setting up their own on Ning (they chose Ning).

The valley is like kentucky.

(BTW, screw your sucky captcha! I hate it.)

Rick, I agree -- the captcha's terrible, but necessary. If you'd like to skip it in the future, sign up for a SAI account (top right corner of screen) and you'll be cookied.


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