User talk:Haephestion

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OK I have left the Addicott page and added some basic formatting. I have also added tags for where it seems that it needs references (It may be that the precise locations can be varied depending on what is covered in individual sources). See our approach to referencing at Help:References --Bob Burton 19:58, 1 April 2009 (EDT)

Post me a note

Hi again, reposting the same unreferenced material on Michael Addicott doesn't address my concerns that I'm far from persuaded that the material really belongs in SourceWatch at all. Could you post me a note at User talk:Bob Burton on why you think it belongs in SW? with thanks --Bob Burton 15:37, 1 April 2009 (EDT)

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Hi Haephestion, the page you created on Atherton really doesn't fit the purpose of SourceWatch so I have deleted the article page. I have posted the text of it below so you can use it elsewhere -- I'd suggest that its much more appropriate for Wikipedia. On looking at the Michael Addicott I can't see that it is all that relevant here either. Nor were there any references to go with it. So I think it is better deleted. (See our approach to referencing at Help:References).--Bob Burton 04:30, 1 April 2009 (EDT)

Atherton is an incorporated town in San Mateo County, California, United States. Its population was 7,194 at the 2000 census. It is one of the wealthiest cities in the United States.

History

In 1866, Fair Oaks (Atherton) was a flag stop on the California Coast Line of the Southern Pacific Railroad between San Francisco and San Jose for the convenience of the owners of the large estates who lived north of Menlo Park. The entire area was called Menlo Park. It had been part of the Rancho de las Pulgas that had covered most of the area, which is now southern San Mateo County. There were several attempts to incorporate Fair Oaks, one in 1874 and another in 1911.

In 1923, Menlo Park wished to incorporate its lands to include the Fair Oaks lands. During a meeting of the representatives of the two communities, it became clear to the Fair Oaks property owners that in order to maintain their community as a strictly residential area, they would have to incorporate separately. Both groups rushed to Sacramento but the Fair Oaks committee arrived first. It was at that time they realized that they could not keep the name Fair Oaks, as it was already the name of a town near Sacramento. It was decided to honor Faxon Dean Atherton who had been one of the first property owners in the south peninsula and name the Town for him. Atherton was incorporated on September 12, 1923.

Faxon D. Atherton, a native of Massachusetts, had spent several years in Chile and Hawaii as a trader in tallow, hides and merchandise. His friend and business associate, Thomas Lark had written to him "there is education available for your children and a dignity of living on landed estates down the San Francisco peninsula (that is) convenient and accessible." Atherton purchased 640 acres (2.6 km²) for ten dollars an acre ($2470/km²)in 1860. His home, "Valparaiso Park", was built several years later. It was simple in design and ample for his family of seven children.

Because of the development of the railroad, other San Franciscans traveled south and established summer homes. Because the dirt roads were usually impassable in the winter, the families were only in residence from May through September.

Thomas H. Selby purchased 420 acres (1.7 km²). A successful businessman, he served as mayor of San Francisco. His country estate was called "Almendral". John T. Doyle, an attorney, built a home off Middlefield Road, "Ringwood". James C. Flood purchased successive parcels and built an extravagant mansion, "Linden Towers".This is now Lindenwood. The Joseph A Donohoe estate was "Holmgrove" and is now the site of Menlo Atherton High School. James Thomas Watkins' home was "Fair Oaks" and after two moves, stands restored today on Alejandra Avenue.

The government was established with Edward E. Eyre as the first mayor. In 1928, the residents voted to build a Town Hall, which stands today. The early residents wanted a Town that would be divided into large parcels and would not contain businesses. The author Gertrude Atherton, daughter-in-law to Faxon D. Atherton wrote in "The Californians", "Menlo Park (Atherton) has been cut up into country places for what might be termed the 'old families of San Francisco', the eight or ten families who owned the haughty precinct were as exclusive, as conservative, as any group of ancient country families in Europe." A few of the large land holdings were subdivided during the 1920s and 1930s, James Flood estate in 1938. In the 1940s and 1950s over eighty subdivisions were recorded. With the minimum size of one acre (4,000 m²), the era of the large estates was over. Atherton is still a "plain of oaks". Native live oaks, white oaks, bays, redwoods, cedars, pines and other ornamental trees cover the six square miles (16 km²) of town. There are approximately 50 miles (80 km) of roads. The population is around 7500 with approximately 2500 households.

By 1936, ridership on the Southern pacific Coast Line was sufficient that there were 23 round trips between Atherton and San Francisco, a distance of 28 Miles.

Olive Holbrook-Palmer left Holbrook-Palmer Park, a 22 acre (89,000 m²) park, to the Town in 1958. It is an open, tree-covered park, which offers recreational programs and has facilities for functions.

This is also the town of the fictional character Hillary Whitney from the 1988 film, Beaches.

Geography

Atherton is located at (37.458615, -122.200099).

According to the United States Census Bureau, the town has a total area of 4.9 square miles (12.8 km²), of which, 4.9 square miles (12.7 km²) of it is land and 0.04 square miles (0.1 km²) of it (0.61%) is water.

Atherton lies two miles (3 km) southeast of Redwood City, and Template:Convert northwest of San Jose. The town is considered to be part of the San Francisco metropolitan area.

Demographics

As of the census of 2000, there were 7,194 people, 2,413 households, and 1,983 families residing in the town. The population density was 1,467.6 people per square mile (566.9/km²). There were 2,505 housing units at an average density of 511.0/sq mi (197.4/km²). The racial makeup of the town was 85.36% White, 0.70% African American, 0.17% Native American, 9.79% Asian, 0.42% Pacific Islander, 1.00% from other races, and 2.57% from two or more races. Hispanic or Latino of any race were 3.98% of the population.

There were 2,413 households out of which 33.3% had children under the age of 18 living with them, 75.6% were married couples living together, 4.5% had a female householder with no husband present, and 17.8% were non-families. 12.8% of all households were made up of individuals and 7.5% had someone living alone who was 65 years of age or older. The average household size was 2.85 and the average family size was 3.06.

In the town the population was spread out with 23.7% under the age of 18, 7.2% from 18 to 24, 18.7% from 25 to 44, 30.3% from 45 to 64, and 20.2% who were 65 years of age or older. The median age was 45 years. For every 100 females there were 93.6 males. For every 100 females age 18 and over, there were 90.2 males.

The median income for a household in the town was in excess of $200,000, as is the median income for a family. Males had a median income of over $100,000 versus $68,393 for females. The per capita income for the town was $112,408. About 0.8% of families and 1.7% of the population were below the poverty line, including 0.6% of those under age 18 and 3.3% of those age 65 or over.

The median home value was estimated by Zillow at $3,679,000 in 2009. In 2008, Atherton's 94027 zip code was identified by Forbes magazine as 2nd most affluent ZIP in the U.S, while the town was rated number one in the United States in per capital income.

Contrary to most of San Mateo County, 55% of Atherton voters are registered Republicans and 27.8% are registered Democrats. [1]

Law and government

Local

The beginning statement of the town's General Plan states that "the Town of Atherton desires, insofar as possible, to preserve its character as a scenic, rural, thickly-wooded, residential area with abundant open space and with streets designed primarily as scenic routes rather than for speed of travel."

Atherton and Hillsborough were the only two cities in San Mateo County in which a majority of residents voted for George W. Bush in the 2004 presidential election; however, it was by a slim margin of 50.54%-48.27% [2].

State and Federal

In the state legislature Atherton is located in the 11th Senate District, represented by Democrat Joe Simitian, and in the 21st Assembly District, represented by Democrat Ira Ruskin. Federally, Atherton is located in California's 14th congressional district, which has a Cook PVI of D +18 and is represented by Democrat Anna Eshoo.

Education

Among Atherton's public schools, Encinal, Las Lomitas, and Laurel are elementary schools, while Selby Lane is both an elementary and a middle school. Menlo-Atherton is a high school. Atherton does not have its own public school system. Selby lane is part of the Redwood City School District, the high school is part of the Sequoia Union High School District, Las Lomitas Elementary School is part of the Las Lomitas Elementary School District, and both Encinal and Laurel are part of the Menlo Park City School District.

Among the town's private schools, St. Joseph's is an elementary and middle school, Menlo School is a middle and high school, and Sacred Heart Preparatory is a high school.

Menlo College is a private four-year college.

Community organizations

There are a number of active community organizations; the Atherton Heritage Association, the Atherton Arts Committee, the Atherton Tree Committee, the Friends of the Atherton Community Library, the Holbrook-Palmer Park Foundation, the Atherton Dames, the Police Task force, and the Atherton Civic Interest League. There are also home owners' associations. The Menlo Circus Club is a private club with stables and a riding ring located within the town.

Notable residents

• Lindsey Buckingham, of Fleetwood Mac
• Eric E. Schmidt, Chairman and CEO of Google
• Charles R. Schwab, Founder and CEO of the Charles Schwab Corp.
• Thomas F. Stephenson, Venture Capitalist, Sequoia Capital
• Steve Westly, former State Controller of California

External links

• Town of Atherton Web Page
• Atherton Public Library - a branch of the San Mateo County Library

References

Michael Addicott is a repeat entrepreneur and venture capitalist based in Atherton, California. He is president of Cognitive Labs, a cognitive science web services co. at the intersection of health and games, and also heads ventures in sustainability, digital music, private equity, and film based in the San Francisco Bay Area and Los Angeles.

Notable early stage investment transactions he led or co-led include Palo Alto-based bamboo.com (IPO-web 1.0), L90 (IPO-web 1.0, technology sold to DoubleClick, media business became MaxWorldwide and in web 2.0 MySpace, which was acquired for $673 million by News Corporation. He introduced eUniverse to its primary venture backer, VantagePoint Ventures during the dotcom trough of 2001-2004, which provided an outstanding return to investors.

Prior to his private capital experience, he co-founded supply chain software company Saltare, and launched UPS Online. His last position at UPS was ‘Electronic Commerce Group Manager’ at its corporate headquarters. In November 1999, UPS raised $5.47 billion in its IPO - the largest IPO of the web 1.0 timeframe, and largest in United States history until that point.

Education

Addicott earned his Bachelor's Degree from the University of California, Berkeley in Egyptian Hieroglyphics, an M.B.A., and a Doctorate in Information Systems focused on Electronic Data Interchange EDI. He has taught Marketing and Symbolic Systems courses at the Undergraduate and Master's level and has talked at the University of California, Berkeley; Stanford University, University of California, Los Angeles,University of San Francisco, Georgia Tech, Pepperdine University, San Jose State and several others.

External Links

• Michael Addicott backgrounder in TechCrunch's CrunchBase
• Bio from Cognitive Labs
• San Francisco Firm Unveils MP3 Ads - ClickZ
• Michael Addicott, Special Partner in private investment group DigaComm