Sure, Marc Andreessen is now helming a $300 million investment fund, but where is the Netscape co-founder investing his own money? On that surefire moneymaker, professional blogging.

Barely a month after putting an undisclosed sum into Henry Blodget's Business Insider blog network, Andreessen is leading a $500,000 to $1 million round for TPM Media, the company behind political blog Talking Points Memo.

It seems Andreessen isn't just saying the New York Times will die on his popular blog; he's actually betting on it. (NB to Marc: You can PayPal your Gawker Media investment here.)

(Pic via TechShowNetwork)