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eBay Inc. Board Member Resigns After PayPal Split Announced

Internet retailer eBay Inc. said Monday that venture capitalist Marc Andreessen has decided to resign from the company’s board, a position he has held for six years. His departure comes after eBay’s announcement last month that it would spin off its PayPal business. Andreessen did not offer a reason through the company’s announcement but said now is the right time to step down.

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