Billionaire tech tycoon Marc Andreessen believes in building more homes. It’s not just where he lives

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Billionaire Silicon Valley kingmaker Marc Andreessen, who railed against NIMBYism in the Bay Area, came under fire Friday when a reporter uncovered evidence that he fought housing development in his own backyard.

In his draft plan to meet California’s housing needs, Atherton — home to about 7,000 residents, many of them ultra-wealthy — proposed rezoning some properties for multifamily housing.

But more than a hundred residents voiced opposition during public comments on the plan — including Andreessen, a Netscape co-founder and influential early investor in companies like Facebook and Lyft.

Andresen’s comments, first reported by The Atlantic, were signed by him and his wife, philanthropist Laura Arrillaga-Andresen. This explains the couple’s “IMMENSE opposition” to multi-family housing.

“Please remove all multifamily overlay zoning projects from the housing element immediately,” the couple wrote. “They will greatly reduce our home values, our own and our neighbours’ quality of life and significantly increase noise pollution and traffic.”



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