CNBC:

Shervin Pishevar, Co-Founder & Co-CEO, Sherpa Ventures.

Venture capitalist and Hyperloop One co-founder Shervin Pishevar said he wants to help California to secede from the United States and a Donald Trump presidency.

Pishevar tweeted Tuesday night as the election was unfolding that he will be "announcing and funding a legitimate campaign for California to become its own nation," if Trump won the race.

He said the country needs to "confront the systemic problems that this election has exposed."

Wednesday morning, Pishevar resigned from the J. William Fulbright Foreign Scholarship Board, telling President Obama he "cannot serve with a good conscious a President Trump in any capacity."

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