October 25, 2003 |
Silicon Valley financiers expressed relief Friday when a federal judge in New York declared a mistrial in the obstruction-of-justice case against Frank Quattrone, the former Credit Suisse First Boston investment banker who rose to fame by orchestrating some of the biggest initial public stock offerings of the dot-com era. "I am personally thrilled for Frank," said Richard Kramlich, founder of New Enterprise Associates, a venture capital firm in Menlo Park. "I thought the case was weak."
January 22, 1999 |
In their biggest show of force to date, 400 members of Los Angeles' high-tech community turned out for the inaugural meeting of Zone Club, a group that aims to help Southern California become another Silicon Valley. But some of the sentiments expressed at the event, held Wednesday night at Ciudad restaurant in downtown L.A. and co-sponsored by the Los Angeles Times, underscored the amount of work it will take to achieve that goal.
October 16, 1998 |
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.
January 29, 2014 |
When poor, persecuted Tom Perkins, mega-millionaire financier and member in excellent standing of the nation's Richie Rich club, went off in a letter to the Wall Street Journal about how his enemies were trying to bring him down, he didn't know how right he was. As the satirical “Pogo” comic strip famously observed, “We have met the enemy, and he is us.” Perkins made himself into the caricature of an arrogant, out-of-touch plutocrat beyond...
CALIFORNIA | LOCAL
August 5, 2001 |
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.
CALIFORNIA | LOCAL
September 8, 2003 |
It was not yet 8 a.m. at Buck's restaurant, the legendary Silicon Valley networking nexus and breakfast joint. Already, Jamis MacNiven, Buck's irrepressible owner, was in full recall spiel, navigating his big frame from booth to booth -- from venture capitalists hunched over kiwi strawberry blintzes to unemployed techies desperately scouring the dining room for opportunities.
January 21, 1999 |
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.
September 25, 2000 |
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.
September 2, 2003 |
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.