Marc Andreessen, co-founder of Netscape Communications Corporation, and his wife, Laura Arrillaga-Andreessen, have announced a $27.5-million gift to Stanford University Hospital & Clinics in Palo Alto, Calif., reports The Wall Street Journal.
Mr. Andreessen, 36, made his fortune on the 1998 sale of Netscape to AOL that yielded $4.2-billion in stock. He also sold another software company that he had co-founded, Opsware, to the Hewlett Packard Company for $1.6-billion this summer.
Part of the couple’s motivation for giving is that Mr. Andreessen was pleased with the services he received as a patient of Stanford hospital in the late 1990s.
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