Early Life and Education
Marc Lowell Andreessen was born on July 9, 1971, in Cedar Falls, Iowa, and raised in New Lisbon, Wisconsin. He displayed an early interest in technology, teaching himself BASIC programming to create computer games and attempted to write programs to help with his math homework. Andreessen attended the University of Illinois at Urbana-Champaign (UIUC), where he earned a bachelor's degree in computer science in December 1993. During his undergraduate studies, he gained experience through internships at IBM and worked at the National Center for Supercomputing Applications (NCSA), where he became familiar with the World Wide Web's open standards.
Rise to Success
Andreessen's career took off after he moved to Silicon Valley and was approached by James Clark, the founder of Silicon Graphics, Inc. Together, they co-founded Mosaic Communications Corporation in April 1994, later renamed Netscape Communications. Netscape's browser, Netscape Navigator, gained rapid popularity, becoming the most used browser and played a crucial role in the early growth of the internet. In 1999, Netscape was acquired by AOL for $4.3 billion. Andreessen subsequently co-founded Opsware (originally Loudcloud) in late 1998, a cloud computing company later sold to Hewlett-Packard in 2007 for $1.6 billion. In 2009, Andreessen co-founded Andreessen Horowitz (a16z) with Ben Horowitz.
Key Business Strategies
Andreessen's business acumen is evident in his strategic investments and leadership. At Andreessen Horowitz, he and his partners have invested in numerous successful startups, including Facebook, Foursquare, GitHub, Pinterest, LinkedIn, and Twitter. a16z focuses on early-stage investments and has expanded its reach with specialized funds, including those focused on crypto and blockchain. Andreessen's ability to identify and support groundbreaking technologies has been a key driver of his success.
Philanthropy
In April 2012, Andreessen and the general partners of Andreessen Horowitz pledged to donate at least half of their lifetime incomes from venture capital to philanthropic causes. While specific amounts are not readily available, this commitment reflects his dedication to giving back to society.