Bay Area tech legend snaps up Tahoe estate for $29 million

Discussion in 'Luxury and Lifestyle' started by dealmaker, Mar 31, 2017.

  1. dealmaker

    dealmaker

    Bay Area tech legend snaps up Tahoe estate for $29 million
    A storied estate and a neighboring property on the shore of Lake Tahoe recently sold for nearly $29 million. The buyer, Drum Lodge LLC of Redwood City, shares the same address as two foundations started by technology billionaire Thomas Siebel. He founded Siebel Systems, which he sold to Oracle Corp. for $5.8 billion in 2005. He is now CEO of “Internet of things” company, C3 IoT. (San Francisco Business Times)