Long before the boom of the California's tech scene, Perkins in 1972 co-founded a prominent venture capital firm, and used a new approach to investment.
The MacArthur Foundation wants to give away $100 million to a single project. This is part of a growing belief in the philanthropy world that piecemeal solutions aren't as effective as huge bets might be. But bigger bets can be risky.
NPR's Ari Shapiro talks with This American Life contributor and founder of Found Magazine Davy Rothbart, who went inside the company "Crowds on Demand," a company you call when you need a crowd of people for any reason. This company sends fake paparazzi, pretend campaign protestors and pretend news crews to stoke more protest.
The suit will accuse Delaware of wrongly keeping abandoned MoneyGram checks instead of sending them back to the state where they were purchased. The states say up to $400 million might be at stake.
Most presidents have tried to avoid conflicts by putting their investments in a blind trust. That only works for paper wealth, but Donald Trump wouldn't be like past presidents.
The last time the hedge fund founder started making big defensive investing moves was right before the worst financial crisis to hit the U.S. since the Great Depression.