SAN FRANCISCO - JANUARY 25: The tent of a homeless man is pitched on the sidewalk under a freeway overpass January 25, 2010 in San Francisco, California. San Francisco Mayor Gavin Newsom announced ambitious plans during his recent State of the City address to reduce the city's overall homeless population by one third and the street population by one half before being termed out of office in two years. Over 6,500 homeless people live on the streets and in shelters in San Francisco. (Photo by Justin Sullivan/Getty Images) The debate over what to do about the San Francisco’s homeless population has been building for awhile among the many startups and residents here. But now tech billionaires Ron Conway, Michael Moritz and well-to-do hedge fund manager William Oberndorf have each thrown about $50,000 behind a measure to rid San Francisco of its homeless tent cities. Other notable investors, including… Read More

Source: News