Serial entrepreneurial failure David Hayden has had his home transfered to boutique bank Robertson Stephens under a Sheriff's deed — which means that the property was seized to pay debts. The transfer is so new, realtor Bernadette V. Lamothe hasn't even had time to have the place properly staged judging by interior photos. It's now for sale for a mere $14.9 million through Sotheby's. Prospective buyers won't just get an opulent home with fantastic views, but a piece of San Francisco history.

A familiar name has cropped up on California's new list of deadbeat taxpayers: David Hayden, who owes the state. He owes $2.7 million in state taxes, making him one of the Bay Area's top tax debtors. Could this be the same Hayden whose up-and-down startup career has put him in massive debt to his bankers? Seems likely, given this Hayden's Mill Valley address. [California Franchise Tax Board]

How does David Hayden, the founder of Internet search engine Magellan, email-outsourcer Critical Path, and Jeteye, a blogging service, keep going? Last we'd checked, he may owe his bankers as much as $38 million — a debt he's disputing in court — and Jeteye's landlord was trying to collect on the rent. And yet Hayden is moving on to a new venture, according to a resume he's published on his Jeteye page. Archipelago Properties is a "private destination vacation club" — a sort of timeshare for the ultrarich. Hayden writes that he expects to close $40 million in financing by next January. Sounds like Hayden, a general contractor before he became an Internet entrepreneur and who bought grand homes in San Francisco and Sun Valley during the first boom, is at last getting back to a business he knows: real estate.