Andreessen: A rare Republican in Silicon Valley

By Laurie Bennett

June 20, 2012 at 7:10am

He may be surrounded by Obama supporters, but Silicon Valley legend Marc L. Andreessen is backing the Republicans.

Although he contributed to the Obama campaign in 2007, Andreessen is pouring money this time into the Romney campaign and the super PAC supporting him.

Andreessen has given $100,000 to the Restore Our Future super PAC, in addition to more than $60,000 to the national Republican congressional and senatorial committees.

Marc L. Andreessen
Marc L. Andreessen

As co-founder of Netscape and a director of eBay, Facebook and Hewlett-Packard, Andreessen is a tech icon. He’s also a founder of Andreessen Horowitz, a venture firm that has invested not only in Facebook, but in Twitter, Groupon and Zynga.

Yet when President Obama had dinner with industry leaders last year at the home of venture capitalist John Doerr, Andreessen was not at the table.

Andreessen backed Romney during the primary season. “You do not get a high-end, professional CEO running for president very often,” he told CNBC.

One of his gripes about Obama: “I want a principled stand that there are other ways to solve problems than through regulation – which often becomes a sledgehammer that hurts companies that never were part of the original problem.”

Andreessen isn’t avoiding the Obama camp altogether. Lawrence Summers, who headed Obama’s National Economic Council until 2010, joined Andreessen Horowitz last year as special adviser.

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