Marc Andreessen confirms what we reported last week: He's not going to run Yahoo.
Here's his blog post:
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.
To be clear, this doesn't mean Andreessen is saying, "I will have nothing to do with Yahoo." He could still be on the board. He's just not taking an operational role with the company.
As we reported earlier, if Silver Lake's proposal is accepted Andreessen will take a board seat.
(If we had to guess about why he wrote this note it would be that his LPs are probably calling him up and asking him what's with all the reports about him going to Yahoo.)
Disclosure: Marc's an investor in Business Insider, which we greatly appreciate.
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