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Andreessen’s Role in Musk-Twitter Bid Sets Up Meta Conflict

  • Firm’s co-founder, Marc Andreessen, sits on Meta’s board
  • Twitter CEO Agrawal’s wife is also partner at Andreessen firm
Bloomberg business news
Musk Gets Extra $7 Billion in Financing for Twitter
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A move by Andreessen Horowitz to join Elon Musk’s bid for Twitter Inc. threatens to create a conflict for firm co-founder Marc Andreessen, who sits on the board of social-networking rival Meta Platforms Inc.

Andreessen Horowitz agreed to invest $400 million in the Twitter takeover deal, part of $7.1 billion in new financing commitments announced Thursday. That put one of the biggest early backers of Facebook, which changed its name to Meta last year, in position to become a new owner of Twitter.