SANTA CLARA (KCBS) — Gary Kremen, the Silicon Valley entrepreneur and founder of Match.com, won 51 percent of the vote on Tuesday night to gain a seat on the Santa Clara Valley Water District board.
Before winning, Kremen, 51, told KPIX 5 why he wanted the job that only pays about $30,000 a year.READ MORE: California Lawmakers Approve Budget Placeholder As Talks Continue
“I’m not doing this for economic reasons, unlike my opponent; I have other things to do. This is his only job so he’s living on his per meeting fee,” he said. “This is a board that has a thousand employees and a $400 million budget and there is no person with any business experience and there is no person with any technology experience.”
Kremen, outspent his opponent, incumbent Brian Schmidt, by a margin of 22 to one with his own money. As of Oct. 18, Kremen had spent $397,993 to Schmidt’s $17,229.READ MORE: COVID Vaccines: San Mateo County Reaches 1 Million Shots On Eve Of Full Reopening
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The normally lackluster election was marked with personal attacks, including a talking mailer that highlighted Schmidt’s support of recycled water.
Kremen is also known for registering the domain name sex.com back in 1994. Two years later the domain name was fraudulently used by Stephen M. Cohen, who had profited millions of dollars through the property. Kremen was able to acquire some of the profits through court action.MORE NEWS: Man Accused Of Hacking Santa Cruz County Website In 2010 Arrested After Years On The Run
Kremen later sold sex.com for $15 million in cash and stock.