Bullshit Rumor of the Day: Marc Andreesen Interested in Buying $TWTR

Who’s kidding who with this bullshit rumor?

From some website that has the gall and audacity to require me to sign up for their content, called “The Information”, is spreading scandalous scallawag this morning, which in turn is getting Business Insider to report on it, regarding a potential Andreeesen/Silver Lake acquisition of Twitter (lolz). Men like Andreesen dump stocks like Twitter onto an unsuspecting public; they don’t absorb it and its losses onto their ledgers.

Marc Andreessen and private equity firm Silver Lake have considered some sort of deal, according to several people. The two teamed up on Skype back in the day, and Andreessen’s love for Twitter is, um, obvious. He was also an angel investor in the company.

I don’t know if anything is active, and a spokespeople for Andreessen Horowitz and Silver Lake declined to comment. One idea being floated around in general is a PIPE deal where private investors buy a piece of a public equity via newly issued shares. These deals are generally done when companies are desperate for cash, and public investors won’t give it to them, which doesn’t seem to be Twitter’s issue.

I’d bet my frank and both beans that this deal is pure fiction, written by an aspiring novelist.

Nevertheless, Twitter is higher by an astounding 6.5% on this “news.”