VC Marc Andreessen has taken to his personal blog to quell the rumors that he’s in the running for the position of chairman of the board at Yahoo. The rumors have been widely reported by a number of news outlets based on unknown sources. Serious speculation has ensued, even leading people to wonder what the VC’s first move at Yahoo as chairman of the board will be. (Hint: find a CEO, it’s been suggested).
Well, put those rumors to rest, says Andreeseen. It’s not happening.
The blog post is short and to the point. It reads:
Over the last several weeks, there have been erroneous reports in the press that my partner Jeff Jordan and/or I might become an operating executive of Yahoo in some capacity.
To be crystal clear, neither Jeff, nor I, nor any of our partners at Andreessen Horowitz, are in the running for, or would accept, any operating role at Yahoo, including CEO, acting CEO, chairman, or executive chairman.
Jeff and I have high regard for Yahoo, but we are fully committed to our day jobs as general partners at Andreessen Horowitz and board members of our portfolio companies.
Note the language, though – Andreessen is saying that he won’t take “any operating role” at Yahoo, not that he won’t be involved.
Andreessen Horowitz is a $2.5 billion venture capital firm that was launched on July 6, 2009. Marc Andreessen, Ben Horowitz, John O’Farrell, Scott Weiss, Jeff Jordan, and Peter Levine are the general partners of the firm.