News

Venture capital billionaire Tim Draper gives up campaign to split California

Tim Draper, the billionaire behind a campaign to split California, said he gives up on his effort to divide California into three separate states this November.

“The political environment for radical change is right now,” venture capitalist Tim Draper wrote in a letter to the court dated Aug. 2,  and made public by his opponents Thursday. “The removal of Proposition 9 from the November ballot has effectively put an end to this movement.”  He spent $1.7 million and collected over 400,000 signatures to help bring the initiative to the ballot. The California Supreme Court had last month ruled that the plan should be removed from the November ballot.

Hurry up! Final call! save by applying PROMO CODE: final and attend the 2018 US Blockchain and Digital Currency Conference in Los Angeles, August 22.

Leave a Reply