MARC ANDREESSEN Talks Facebook, Romney and Yahoo US Business news blog [VIDEO LINK] – CNBC

By at July 20, 2012 | 12:58 am | Print

MARC ANDREESSEN Talks Facebook, Romney and Yahoo US Business news blog [VIDEO LINK] – CNBC

“When it comes to the presidential election, Andreessen says that though he’s “generally a fan” of President Obama, and was a supporter in 2008, now he’s “more pro-Romney.” He says he believes that a Republican administration would be “considerably more open on regulatory issues, and the markets would be more competitive under a Romney administration.” …SEE VIDEO LINK…

By: Julia Boorstin — July 17, 2012, Aspen, Colo. –

I sat down with legendary investor Marc Andreessen for an interview at Fortune’s Brainstorm Tech conference in Aspen.

Though he can’t comment specifically about Facebook [FB  29.00    -0.11  (-0.38%)   ] because of his role on the board, he ended up revealing quite a bit about his thoughts on the company’s IPO and CEO Mark Zuckerberg’s leadership, and controlling stake in the company.

Bottom line: it’s a hard time to go public, and a hard time to be public, which is why “many of the most interesting companies are either not going public or going public a lot later,” Andreessen says. Facebook, he says, will be a very successful public company, but it only went public after reaching a significant size and scale.

via Marc Andreessen Talks Facebook, Romney and Yahoo US Business news blog – CNBC.

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