{"id":421221,"date":"2022-03-25T07:07:19","date_gmt":"2022-03-25T04:07:19","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/marc-andreessen-may-step-down-from-meta-board-due-to-crypto-empire-reports\/"},"modified":"2022-03-25T07:07:19","modified_gmt":"2022-03-25T04:07:19","slug":"marc-andreessen-may-step-down-from-meta-board-due-to-crypto-empire-reports","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/marc-andreessen-may-step-down-from-meta-board-due-to-crypto-empire-reports\/","title":{"rendered":"# Marc Andreessen may step down from Meta board due to crypto empire: Reports"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2e1423c4f1c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2e1423c4f1c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/marc-andreessen-may-step-down-from-meta-board-due-to-crypto-empire-reports\/#%E2%80%9D_Marc_Andreessen_may_step_down_from_Meta_board_due_to_crypto_empire_Reports_%E2%80%9C\" >&#8221; Marc Andreessen may step down from Meta board due to crypto empire: Reports &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Marc_Andreessen_may_step_down_from_Meta_board_due_to_crypto_empire_Reports_%E2%80%9C\"><\/span>&#8221; Marc Andreessen may step down from Meta board due to crypto empire: Reports &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvYmZhZmIxYmYtMTVkNi00M2VhLTgyMjMtZDUyODk2ZTQxMGEyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Billionaire co-founder of crypto venture capital firm A16z Marc Andreessen may be leaving the board of directors of Meta due to his firm\u2019s investments in the Web3 space.<\/p>\n<p>Business Insider <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.businessinsider.com\/marc-andreessen-may-give-up-his-seat-on-facebooks-board-2022-3\">reported<\/a> on Mar. 25 that a source familiar with the situation said \u201cit would not surprise me even remotely\u201d if Andreessen exited the board in the next few months. Andreessen could leave as soon as May when the board has its next re-election.<\/p>\n<p>Andreessen has not made a public statement regarding his future with the Meta board.<\/p>\n<p>Meta has begun to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/v\">build or acquire several Web3 projects<\/a> related to the Metaverse, NFTs, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> networking, finance, and entertainment, which means a16z\u2019s crypto empire could create a conflict of interests. On Mar. 18, Meta <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lied to patent user identification software most commonly used in hardware and e-wallets similar to Metamask or Ledger.<\/p>\n<p>a16z meanwhile is the leading VC firm in the cryptocurrency space. It helped lead the recent investment round in BAYC creator Yuga Labs and launched a $30 million fund on Mar. 11 to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/techcrunch.com\/2022\/03\/10\/chris-dixon-marc-andreessen-back-a-30m-fund-investing-exclusively-in-nft-art\/\">support<\/a> nonfungible token (NFT) art projects. The $450 million investment round in Yuga Labs marks one of the largest NFT project seed rounds ever. <\/p>\n<p>A16z\u2019s other previous or active <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/a16z.com\/portfolio\/#crypto\">investments<\/a> in the crypto space include decentralized exchange Uniswap, centralized exchange Coinbase, NFT marketplace OpenSea, DeFi protocol Maker, and decentralized lending platform Compound. <\/p>\n<p>A16z raised $2.2 billion for its third crypto fund in the middle of last year and intends to raise $4.5 billion for its next fund in the coming months, making it the largest such venture to date. <\/p>\n<p>A spokesperson for a16z denied the rumors, telling Business Insider: <\/p>\n<blockquote><p>\u201cIf he were to step down, he doesn\u2019t know about it. So no, it\u2019s not happening. At least not now.\u201d<\/p><\/blockquote>\n<p>Andreessen has been on the former Facebook board since 2008, longer than any other current non-Meta team member. Early Facebook investor Peter Thiel will step down in May for a number of reasons including his crypto investments in Block.one (the blockchain solutions firm behind EOS) and crypto trading platform BitPanda.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Diem team members raise $200M to launch blockchain derived from it<\/em><\/strong><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/marc-andreessen-may-step-down-from-meta-board-due-to-crypto-empire-reports\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Marc Andreessen may step down from Meta board due to crypto empire: Reports &#8220; Billionaire co-founder of crypto venture capital firm A16z Marc Andreessen may be leaving the board of directors of Meta due to his firm\u2019s investments in the Web3 space. Business Insider reported on Mar. 25 that a source familiar with the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":421222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvYmZhZmIxYmYtMTVkNi00M2VhLTgyMjMtZDUyODk2ZTQxMGEyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[77473,122306,117],"class_list":["post-421221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-andreessen-horowitz","tag-meta","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/421221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=421221"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/421221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/421222"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=421221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=421221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=421221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}