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PODCAST: Living in the 'state' of Silicon Valley

It's hard to break up. 

Timothy Draper is the head of the Draper Fisher Jurveston. A venture capital firm in Menlo Park, Ca. 

Timothy Draper has a crazy idea. The noted tech venture capitalist is pushing a ballot initiative to break California into six separate states

Plus, now that the House of Representatives voted to raise federal borrowing authority, investors signaled increased interested in buying one month T-bills, which lends money to the federal government for one month (which in turn caused interest rates to fall to the lowest level in three weeks).  In other words, markets felt more secure in investing in the shorter term. 

About the author

David Brancaccio is the host of Marketplace Morning Report. Follow David on Twitter @DavidBrancaccio

Timothy Draper is the head of the Draper Fisher Jurveston. A venture capital firm in Menlo Park, Ca. 

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