Timothy Draper, a founder of a Silicon Valley-based venture capital
firm that has invested in Twitter, Skype and Tesla, among other
companies, has been agitating for months for a ballot initiative to chop
the most populous U.S. state into smaller entities.
"It’s important because it will help us create a more responsive, more innovative and more local governmen
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Billionaire Timothy Draper breakup plan would chop California into six states
(Reuters) - A long-shot effort
to break California into six separate states got a boost on Monday, when
the billionaire venture capitalist behind the proposal said he had
gathered enough signatures to place it on the ballot in two years.
