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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

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PERSON Timothy Draper PERSON|Timothy Draper. NAME Timothy Draper. Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebook s. Venices median home price in the first eight months of 2012 broke the $1 million barrier, rising to $1,012,000 from $899,000 in the first eight months of 2011.