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Tim Draper

December 21, 2013 | By Jessica Guynn
SAN FRANCISCO -- Technology investor Tim Draper is trying to drum up support to split California into six states, one of them being Silicon Valley. His argument for redrawing the California map: The state is underrepresented in Washington. He's looking to get an initiative on the California ballot. He told TechCrunch: “It is about time California was properly represented with senators in Washington. Now our number of senators per person will be about average.” California has a long history of secessionist fervor.
In the deserted, weed-covered lots of Los Angeles' urban core, Tim Draper sees fertile ground for a thriving high-tech community. And Silicon Valley venture capitalist's vision for a high-technology center is as broad as the 19-square-mile area--from South-Central to East L.A. to Dodger Stadium--that he's targeting. In this unlikely area, Draper is leading an effort to invest at least $25 million of federal funds--and perhaps an equal amount of private capital--in high-tech start-ups.
Forget those venture capitalists and billionaire tycoons hosting lavish fund-raisers from La Jolla to Manhattan. The single biggest donor to Democratic Gov. Gray Davis' campaign fortune now happens to be Gov. Davis' campaign fortune itself. A fund-raising snowball, Davis' treasury is so big it's gaining heft just by rolling forward.
September 2, 2003 | Anthony Effinger, Bloomberg News
Joel Boblit started buying and selling action figures on EBay in 1997. This year, he expects to sell $3 million worth of G.I. Joes, Transformers and Zoids. That's good news for EBay Inc., right? Wrong. Boblit is on the front line in the coming clash between two Internet titans that are winning customers and making money on the Net. Boblit uses EBay, the world's biggest Internet auction site, only for clearing out inventory from his online store.
September 28, 2000 | GEORGE SKELTON
You don't tug on Superman's cape. You don't spit into the wind. You don't pull the mask off that old Lone Ranger. And you don't mess around with Jim. --Singer Jim Croce, 1972 * School voucher strategists are messin' with Gov. Gray Davis. Going right at him. Hard jabs to the gut. It's an eye-opening tactic. You'd call it awfully risky, attacking a highly popular governor. Except that the voucher folks probably figure they have little to lose, given the polls.
September 25, 2000 | GEORGE SKELTON
Edward "Fast Eddie" Vrdolyak came to mind last week when I read that the school voucher campaign was dangling big prizes to lure volunteer help. The Times reported that the Proposition 38 effort--financed largely by Silicon Valley venture capitalist Tim Draper--is offering bounties to people who recruit the most supporters. The rewards include 38 iMac computers, five $2,000 shopping sprees at Macy's, and the grand prize: a Hawaii vacation for four. Total value of all these inducements: $73,200.
November 15, 2005 | Jamie Court, JAMIE COURT, author of "Corporateering: How Corporate Power Steals Your Personal Freedom And What You Can Do About It" " (Tarcher/Penguin, 2004), is president of the Santa Monica-based Foundation for Taxpayer and Consumer Rights.
GOV. ARNOLD Schwarzenegger is making a high-profile trade trip to China this week. It's supposed to benefit you and me by opening up Chinese markets for California goods. But the guest list is a dead giveaway: Of the 80 businessmen, government officials and others accompanying the governor, about two dozen are big-bucks Schwarzenegger supporters who have together contributed more than $2.5 million to his campaign committees.
January 21, 1999 | GEORGE SKELTON
The new governor made a comment the other day that was practically stunning in its simplicity and absence of spin. It was right to the point, profound. In essence, it was this: Californians have limited patience. They'll allow their elected representatives in Sacramento another two or three years to fix the schools. If the politicians fail, the voters will handle it themselves. And Democratic pols and their patron teachers unions may hate the result: private school vouchers. Gov.
April 16, 2014 | George Skelton, Capitol Journal
SACRAMENTO - Judging by your emails, many readers agree with me that a proposed ballot measure to split California into six states is crazy. "Ridiculous. " "Laughable. " Also, you concur that this bird will never fly. Not only would the plan need to be approved by California voters, Congress and the president would have to sign off, too. "Do you really think Democrats would ever allow anything to disrupt the 55-electoral-vote advantage they get every four years?" from California, reader Kurt wrote.
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