• more about

    #marcandreessen

    Guy Who Passed on Backing Facebook Now Touting His Investing Savvy

    Resign, Mark Zuckerberg, Resign

    read more: #moguls, #marcandreessen, #talkingpointsmemo, #bloggingfordollars, #valleywag

    Marc Andreessen, Aspiring Blog Mogul

    Sure, Marc Andreessen is now helming a $300 million investment fund, but where is the Netscape co-founder investing his own money? On that surefire moneymaker, professional blogging.

    Barely a month after putting an undisclosed sum into Henry Blodget's Business Insider blog network, Andreessen is leading a $500,000 to $1 million round for TPM Media, the company behind political blog Talking Points Memo.

    It seems Andreessen isn't just saying the New York Times will die on his popular blog; he's actually betting on it. (NB to Marc: You can PayPal your Gawker Media investment here.)

    (Pic via TechShowNetwork)


    Send an email to Ryan Tate, the author of this post, at ryan@gawker.com.