Tim Draper Pulls the Plug

Theodore Schleifer
January 25, 2022

Earlier this winter, I reported that Tim Draper, the billionaire venture capitalist and free-market evangelist, was considering pulling his financial support from his effort to outlaw public-sector unions in the state of California. Draper was upset with the ballot language he had been given by the state, which he thought made his initiative less likely to pass. Well, Draper told me over the weekend that his campaign is now kaput—he is officially pulling the plug for 2022. “We are going to wait and see whether the unions improve education and government service without it,” he said. “Sitting tight until next election.”

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