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Posts Tagged ‘Tim Draper’

Last year, the government shut down the Silk Road, an online drug market, and seized 29,656 Bitcoins in the process. The winner was Tim Draper, a successful venture capitalist who invested in Skype, Hotmail, Tesla, Baidu, Theranos, Athenahealth, Solar City, and Box. He partnered with Vaurum, a Bitcoin exchange, for the auction. 

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LOS ANGELES (AP) — California has reached the breaking point, says Tim Draper. The Silicon Valley venture capitalist is pushing a proposal to crack the nation’s most populous state into smaller pieces — six of them.

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Silicon Valley leaders have been dreaming of a place where technology could advance unencumbered by the law. By those standards, venture capitalist Tim Draper actually has a slightly more down-to-earth plan. The startup mogul is now proposing to split California into six new states, each of which could craft laws that reflect their local interests. […]

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