Andreessen: If elected, I won't serve at Yahoo

In a Shermanesque statement, he says neither he nor his VC partner Jeff Jordan will accept any leadership positions at the struggling Web giant.

As Yahoo's board mulls bids for some or all of the company, at least one thing has finally become clear: browser pioneer and venture capitalist Marc Andreessen won't be running the struggling Web giant.

Andreessen posted a note on his blog that neither he nor his partner at Andreessen Horowitz, former OpenTable chief executive Jeff Jordan, have any interest in leading Yahoo.

Marc Andreessen Seth Rosenblatt/CNET

"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," Andreessen wrote.

Andreessen described articles that he or Jordan would take leadership jobs as "erroneous reports."

AllThingsD reported last month that Andreessen was mulling a leadership role at Yahoo if the company accepted a bid led by his firm and Silver Lake. And Business Insider reported a day later that Jordan was a "likely candidate" for the chief executive job.

Andreessen didn't address his firm's bid for a stake in Yahoo. According to reports, Andreessen Horowitz is being joined by Microsoft and the Canada Pension Plan Investment Board in a $16.60 a share offer led by Silver Lake.

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About the author

Jay Greene, a CNET senior writer, works from Seattle and focuses on investigations and analysis. He's a former Seattle bureau chief for BusinessWeek and author of the book "Design Is How It Works: How the Smartest Companies Turn Products into Icons" (Penguin/Portfolio).

 

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