Venture Capitalist Personally Invests $750K To Split California Six Ways

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March 3, 2014 9:33 a.m.

A wealthy Silicon Valley investor who wants to divide the state of California into six separate entities has contributed $750,000 of his own money to the cause, the Sacramento Bee reported Friday.

The proposal — which would split the Golden State into the Northern state of “Jefferson,” North California, Central California, Silicon Valley, West California and South California — ignores many divisive issues that have shaped the state, from water politics to agriculture.

Tim Draper, a Republican venture capitalist, must collect 807,615 signatures to make the ballot by July 18, according to the Bee. Even if he does, the final approval would fall to Congress.

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