Latest Minor Ventures News
Dec 9, 2014
Sign Up to receive San Francisco Business Times's Morning Edition and Afternoon Edition newsletters and breaking news alerts. Sign Up Halsey Minor yanks mega mansion off the market Dec 9, 2014, 7:19am PST Updated: Dec 9, 2014, 8:19am PST Send this to a friend Email address of friend (insert comma between multiple addresses): Your email address: Email CNET co-founder and longtime San Francisco tech investor Halsey Minor's mega mansion has been pulled from the market. The not-so-minor mansion at 3800 Washington St. was most recently listed for $18 million, a $2 million price cut compared to what Minor reportedly paid for the property in 2007. The 18,000-square-foot Presidio Heights house was listed for as much as $25 million in 2012. [Click on the photo to the right to start a slideshow of the property] See Also Halsey Minor's $18 million fixer-upper mansion back on the market The property was recently pulled from the Multiple Listing Service without a reported sale, real estate blog Socketsite said . Minor built a fortune estimated at as much as $400 million, but also spent freely, acquiring artwork and several homes. He filed for Chapter 7 bankruptcy last year, listing liabilities of between $50 million and $100 million. His assets were listed as ranging between $10 million and $50 million, including the house. In 2010, his foreclosed country estate in Virginia was auctioned off and apparently purchased by his attorney. Minor co-founded CNet, which CBS bought for $1.8 billion in 2008. He was also an early investor in Salesforce.com and founder of San Francisco-based Minor Ventures, which invested in early-stage startups. He reportedly now helms a new bitcoin venture. The home on Washington Street was built beginning in 1902 for the Koshland family.The Koshlands were woolens magnates and later major supporters of the San Francisco Symphony and San Francisco Opera. The mansion is also known as Le Petit Trianon because its façade is a near-replica of the 1761 structure by that name built by Louis XV at the palace at Versailles, France. Minor first put the property back on the market in 2012 for $25 million, but that listing eventually was cancelled. It was back up for sale late last year with a different real estate company, for slightly less that $20 million. Later, the list price was trimmed again to just under $18 million. Marlize is the digital producer for the San Francisco Business Times. Industries:
Minor Ventures Team
2 Team Members
Minor Ventures has 2 team members, including former Managing Director, Ron Palmeri.