Tech VC Says His Plan to Break California Apart Is Moving Forward

Tim Draper, legendary venture capitalist, has a plan to cement Silicon Valley's status as the most-hated locale in America: make it its own state. It sounds crazy, because it is—but the insane campaign's supporters say it's actually headed to ballots. » 7/15/14 2:13pm 7/15/14 2:13pm

Silk Road Bitcoin Auctioned Off to Guy Who Wants to Split Up California

When the FBI shut down illegal online marketplace the Silk Road, it seized a stash of 30,000 Bitcoin from the underground website and announced plans to auction the supply off. This week, venture capitalist and would-be California-splitter-upper Tim Draper won all of it, gaining an estimated $17.7 million in illicit… » 7/02/14 12:20pm 7/02/14 12:20pm