Tom Perkins, the well-known venture capitalist, just took a small hit on one of his big investments — literally.
As recounted by Portfolio.com, his 289-foot megayacht, the Maltese Falcon, was smacked in the side by another, much smaller boat during a charity race in the San Francisco Bay last weekend. The blow came from a 40-foot sloop whose skipper may have lost control; details about what caused the watery collision aren’t quite clear.
Mr. Perkins’ high-tech yacht, a three-masted clipper that reportedly cost more than $150 million to build, will probably pull through just fine. But the timing isn’t great: he recently put the giant vessel up for sale.
2008
10:37 am
That boat is the most hideous thing to ever sail into San Francisco Bay.
— Posted by Chris
2008
12:47 pm
I think Tom Perkins yacht is no longer for sale, he found a partner. Good thing it was BEFORE this happened
You can see Tom’s statement about the incident, more information about the crash, and more photos from their photographer at: http://yachtpals.com/maltese-falcon-yacht-collision-307 4
— Posted by Jim
2008
1:03 pm
Waaahh! Get the waahmbulance!
— Posted by Mac
2008
9:52 pm
A fire at Apollo guy’s gym, a bump for VC guy’s boat- methinks that schadenfreude is at work here
— Posted by Barrypar
2008
10:46 pm
This is what happens when you have way too much money to burn. Jibe ho!
— Posted by williambanzai7
2008
8:37 am
Unless the photos are reversed, or The Maltese Falcon claims it was it had limited ability to maneuver, the smaller boat had the right of way when this incident happened.
Thanks coasties for pursuing and hassling the actual aggrieved party in this collision.
— Posted by Matt Amory
2008
7:06 pm
The skipper of the smaller vessel was probably just trying to see if there was a layer of fine jewels beneath the Maltese Falcon’s hull.
— Posted by Ben Rosengart