Posted at 12:00h
in
News 2,
Tech Talk
by DigiStaff
Will someone take over Twitter TWTR -0.81% ? Silicon Valley venture capitalist Marc Andreessen wouldn’t say, but at a Fortune Brainstorm Tech dinner in San Francisco on Wednesday night, he weighed in on the latest (or lack of) acquisitions, valuations, diversity, and bubble talk with regard to the technology industry.
“I have been shocked in the last five years how little tech M&A there has been,” he told Fortune senior editor Dan Primack. “We’re in this environment of extreme risk aversion, and people are worried about returning cash to investors. Historically, there would have been more combinations.”
There has never been a more dangerous time to be an unprotected public company, Andreessen said. Which means companies must take the process of making an initial public offering quite seriously. “If you go public in this environment,” he warned, “God help you.”