Facebook on Monday announced a new friend: Marc Andreessen, who has joined the company’s board.
"Marc is an industry leader, and we're fortunate to have him join our board," Facebook founder and CEO Mark Zuckerberg said in a statement.
The Ning chairman and co-founder was added to tap his experience with social sites and in growing companies. He co-founded Internet browser pioneer Netscape and later Loudcloud, which was acquired by Hewlett-Packard.
But his involvement with startup Ning could raise questions about conflicts of interest. Ning is a web-based site that allows people to build social-networking destinations.
Mr. Andreessen joins board members Jim Breyer of Accel Partners, Peter Thiel of Clarium Capital and Founders Fund, and Mark Zuckerberg. David Sze of Greylock Partners and Paul Madera of Meritech Capital Partners are Facebook board observers.