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Andreessen was an investor in Qik. Andreessen did a huge deal to buy Skype. Andreessen is an investor in Facebook AND on the board. He sold Qik to Skype for
by staunch 16y ago
Andreessen was an investor in Qik.
Andreessen did a huge deal to buy Skype.
Andreessen is an investor in Facebook AND on the board.
He sold Qik to Skype for $100M and now he's going to sell Skype to Facebook for billions?
"No conflict, no interest" indeed.
- mahmud 16y agoLike a boss! Dave Chappelle had a sketch where he was defending Michael Jackson despite mounting evidence implicating him in child molestation. Chappelle's defense was "but .. he made Thriller!" But .. he wrote Mosaic!
- jacques_chester 16y agoIt's up to other investors in Facebook to raise this issue. Andressen would at least be expected to recuse himself from any discussions or votes on the matter and I expect he would be sued anyway if the purchase went sour. (IANAL, TINLA etc)
- horatiumocian 16y agoI am not sure that Marc Andreessen has so much influence at Facebook. He has one of the 3 board seats that are controlled by Zuckerberg. And Skype would be Facebook's biggest acquisition so far, so it wouldn't be easy for him to convince Zuckerberg to do it.