Bay Area Mansion at Auction, Cut From List Price

Dec. 28 (Bloomberg) –- A 15,000-square-foot mansion on Belvedere Island, an enclave north of San Francisco, will be put up for auction on Dec. 30 after the builder couldn’t find a buyer for the waterfront home he listed in January for $45 million. The starting bid is set at $25 million. Technology executives paying discounts to listed prices have been active buyers of luxury properties this year in the San Francisco Bay area, where the growth of social-media and Internet firms has created a new wave of millionaires. (Source: Bloomberg)

Alan Patricof: It’s Hard to Predict Anything About Trump
33:00 - Greycroft Partners Managing Director Alan Patricof and 500 Startups Founding Partner Dave McClure discuss VC investing, the impact President Trump may have on the tech sector and the merger and acquisition atmosphere. They speak on “Bloomberg Technology.” (Source: Bloomberg)
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