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The Independent UK
The Independent UK
National
Josh Marcus

Billionaire venture capitalist Marc Andreessen roasted for opposing new housing in rich Silicon Valley town

Getty

Silicon Valley billionaire Marc Andreessen is known for his winning venture capital bets on tech companies like Facebook, Skype, Lyft, Pinterest, Airbnb, and Slack. One of his latest positions, however, is causing significantly more controversy.

In June, the Andreessen Horowitz co-founder and his wife, philanthropist Laura Arrillaga-Andreessen, wrote to local officials in the tony San Francisco suburb, America’s most expensive zip code, to oppose a zoning change that would allow for multi-family properties in some locations and build about 130 units of housing by 2031.

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