David Bohnett could have retired five years ago when Yahoo Inc. paid an estimated $260 million in stock for his former company, GeoCities. Instead, Bohnett has used the proceeds for his venture capital firm and his eponymous foundation. From an office in Century City, Bohnett runs both operations simultaneously. The foundation, which is funded by a $30 million endowment, has given away $8 million to support voter registration drives, gun safety programs and gay rights. Meanwhile, Bohnett has stayed in touch with his technology roots, investing heavily in the Web portal Gay.com and storage
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