VIDEO-Snowden a 'traitor': Andreessen

NSA leaker Edward Snowden is a "traitor," venture capitalist Marc Andreessen told CNBC. The secrets he's revealed have hurt Silicon Valley by association, and President Barack Obama is doing nothing to change that perception on the world stage.

"The Snowden reveals keep coming out. The [Obama] administration is letting the NSA out to dry. They're letting the American tech industry out to dry," Andreessen said in a "Squawk Box" interview that aired Thursday.

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The fallout from the Snowden leaks have hurt U.S. technology firms' ability to sell their products overseas, he added.

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"For me obviously he's a traitor," Andreessen said. "If you look up in the encyclopedia 'traitor' there's a picture of Ed Snowden."

"I think I am in the distinct minority out here," he added. "I think most in Silicon Valley would pick the other designation."

Andreessen said he was not surprised that the National Security Agency was spying. "The biggest surprise for me was that people were so shocked, because I thought we've been funding this agency for 50 years that has tens of thousands of employees and spends tens of billions of dollars a year."

http://www.cnbc.com/id/101733893