Marc Andreessen, venture capitalist who helped bankroll TPM, donates to Romney super PAC [View all]

[Judi Lynn]

Marc Andreessen, venture capitalist who helped bankroll TPM, donates to Romney super PAC
By Dylan Stableford | The Ticket – 19 mins ago

Among the 150-plus major donors disclosed by Restore Our Future, a super PAC supporting Mitt Romney: Marc Andreessen, the Netscape co-founder who's become one of the biggest venture capitalists in Silicon Valley. His firm, Andreessen Horowitz, manages more than $2.7 billion, including a $1.5 billion round of funding that was announced earlier this week. (The firm has investments in a slew of tech start-ups, including Facebook, Foursquare and Twitter.)

According to Restore Our Future's most recent filing with the Federal Election Commission, Andreessen donated $50,000 the group, adding to $30.2 million the group raised through Dec. 31. The PAC has spent more than $17 million on the 2012 campaign to date--and more than $16 million attacking Newt Gingrich.

Andreessen's contribution to Restore Our Future was scant in comparison to the multi-million dollar donations made by other private equity and hedge fund executives--including John Paulson, founder of Paulson & Company, and Ed Conard, former top executive at Bain Capital. (Sam Zell, the chairman and former chief executive of the bankrupt Tribune Company, donated $50,000 to Restore Our Future, too.)

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In 2009, Andreessen personally invested in Talking Points Memo, the liberal political site founded by Josh Marshall. Andreessen, who is a member of Facebook's board of directors, also contributed to the FB PAC launched by the social network last year.

More:
http://news.yahoo.com/blogs/ticket/marc-andreessen-venture-capitalist-helped-bankroll-tpm-donates-222324769.html