Those Kooky Billionaires

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Those of you who have ever seen Fiddler on the Roof probably remember the line from Tevye, “When you’re rich, they think you really know.” That certainly applies here in the Silicon Valley, as the words from billionaires – – no matter how wrong-headed or goofy – – get a lot of attention and respect.

Tim Draper is a big venture capitalist here, and among such stellar investments as Tesla and Skype, he also put cash into the clunker Theranos, whose bankruptcy (to my mind at least) seems virtually inevitable. Instead of being quiet on the Elizabeth Holmes debacle, he has instead painted the company’s failure as some kind of anti-feminist conspiracy against Ms. Holmes, instead of a simple matter of outright fraud.

Most recently, however, is news that Draper has throwing millions of dollars into an initiative to split California into three states. That’s zany enough, but particularly so since the same man funded (for $5 million) an earlier initiative which utterly failed to bust California up into six states, which such members of the union as “West California”, “Jefferson”, and – – what would be my residence – – the state of Silicon Valley.

And, no, I’m not just making this up.

Maybe if there’s one thing we can learn from this crazier-every-day Trump presidency is that just because a person happens to have access to large amounts of cash doesn’t make him smarter and wiser than the rest of us peons.

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