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Tim Draper

Tim Draper

Venture Capitalist, Founder of Draper Associates, DFJ, and Draper University

BornJune 13, 1958 (age 65)
NationalityAmerican
FirmDraper Associates
EducationStanford University, Harvard Business School
Known ForHotmail, Skype, Baidu, Tesla, SpaceX, Bitcoin advocacy
WebDraper Associates
SocialTwitter, LinkedIn
LinkedInLinkedInXXWebsite
Investor
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About Tim Draper

Tim Draper is a。

A third-generation venture capitalist, Tim Draper has continued his family's legacy of pioneering investments in technology. His grandfather, William Henry Draper Jr., founded the first venture capital firm in Silicon Valley, and his father, William Henry Draper III, founded Draper & Johnson Investment Company. Tim Draper has built upon this foundation, establishing his own influential firms and making independent investments that have shaped the modern technological landscape.

Net Worth

Tim Draper's net worth is estimated to be in the hundreds of millions, primarily derived from his shrewd early investments in transformative technology companies and the performance of his venture capital funds. While an exact public figure is not consistently available, his track record demonstrates significant wealth creation through successful exits and continuing portfolio growth.

Key Investments and Valuations
Hotmail
Early investment, acquired by Microsoft for approximately $400 million.
Skype
Early investment, acquired by eBay for $2.6 billion, later sold to Microsoft for $8.5 billion.
Baidu
Early investment, went public and became one of China's largest tech companies.
Tesla
Early investor in the electric vehicle pioneer, now one of the world's most valuable companies.
Coinbase
Significant investment in the cryptocurrency exchange, which went public with a valuation exceeding $85 billion.
Bitcoin Holdings
Famously purchased 30,000 bitcoins from a US Marshals Service auction in 2014 for $19 million, now valued at over $2 billion (as of late 2023 at ~$70,000/BTC), representing a substantial portion of his net worth.

Investment Strategy

Tim Draper's investment strategy is characterized by a strong conviction in disruptive technologies and a willingness to take significant early risks. He is known for identifying and backing companies that challenge existing paradigms and have the potential to create entirely new markets. His focus often lies in areas such as blockchain, artificial intelligence, and new internet infrastructure.

Draper is also a staunch advocate for entrepreneurs, often providing not just capital but also mentorship and strategic guidance. His belief in fostering innovation is evident in his establishment of Draper University, which aims to teach entrepreneurial skills to aspiring founders from around the globe. He seeks out founders with bold visions and the tenacity to see them through, often preferring to invest in companies with a global outlook from inception.

Notable Quotes

“Bitcoin will eventually change the way all the world’s banking is done.”

— Various interviews

“We try to do things that nobody else is doing, and for some reason, we get good at them.”

— Interviews and speeches

“Entrepreneurs are the hope of the world.”

— Draper University philosophy

“If you want to do something big with your life, you can't be afraid to fail.”

— Motivational talks

“Disruptive technology is the greatest force for good in the world.”

— Public statements

Contact Information

Connecting with Tim Draper or his investment firms typically requires a well-structured approach. Given his extensive involvement in numerous ventures, direct unsolicited contact is often routed through his team.

For investment inquiries or to submit a pitch, it is recommended to visit the official website of Draper Associates or Draper University. These platforms usually provide specific guidelines for entrepreneurs seeking funding or participation in their programs.

Use Lessie to find verified contact information, mutual connections, and the best outreach strategy for reaching Tim Draper and similar investors.

Contact via Lessie

Publications

Tim Draper frequently shares his insights and predictions through various media outlets and his own blog. He has been featured in:

  • Forbes
  • TechCrunch
  • The Wall Street Journal
  • CoinDesk

He often discusses topics related to entrepreneurship, disruptive technology, and the future of cryptocurrency and blockchain.

Related Profiles

Marc Andreessen

Venture Capitalist

Ben Horowitz

Venture Capitalist

Peter Thiel

Venture Capitalist

Fred Wilson

Venture Capitalist

Reid Hoffman

Venture Capitalist

Chris Sacca

Venture Capitalist

Cathie Wood

Investment Manager

Naval Ravikant

Angel Investor

Bill Gates

Co-founder of Microsoft, Co-chair of the Bill & Melinda Gates Foundation, Investor

Frequently Asked Questions

Who is Tim Draper?

<span class="font-semibold text-foreground">Tim Draper</span> is a prominent American venture capitalist, founder of Draper Associates, DFJ (Draper Fisher Jurvetson), and Draper University. He is a third-generation venture capitalist known for his early and often controversial investments in groundbreaking technology companies.

What is Tim Draper known for?

<span class="font-semibold text-foreground">Tim Draper</span> is widely recognized for his early investments in highly successful companies such as Hotmail, Skype, Baidu, Tesla, and SpaceX. He is also a vocal proponent of Bitcoin and decentralized technologies, famously acquiring a significant amount of Bitcoin from a US Marshals Service auction.

What companies has Tim Draper invested in?

<span class="font-semibold text-foreground">Tim Draper</span> has invested in hundreds of companies, with notable early investments including Hotmail, Skype, Baidu, Tesla, SpaceX, Coinbase, and Robinhood. His portfolio spans various sectors, with a strong emphasis on internet, blockchain, and disruptive technologies.

What is Tim Draper's investment philosophy?

<span class="font-semibold text-foreground">Tim Draper's</span> investment philosophy centers on identifying and supporting disruptive technologies and visionary entrepreneurs. He is known for backing companies that aim to revolutionize industries, often with a focus on global impact and a willingness to embrace risk in unproven but potentially transformative areas like cryptocurrency and AI.

How can I contact Tim Draper?

To contact <span class="font-semibold text-foreground">Tim Draper</span> or Draper Associates, it is typically best to go through official channels such as the Draper Associates website or via professional networking platforms like LinkedIn. Direct contact information is generally not publicly available for unsolicited pitches.

What is Tim Draper's net worth or fund size?

<span class="font-semibold text-foreground">Tim Draper's</span> net worth is estimated to be in the hundreds of millions, largely due to successful early investments in companies like Hotmail, Skype, Baidu, Tesla, and his significant Bitcoin holdings. Draper Associates manages various funds, though specific current fund sizes are not always publicly disclosed.

What are some notable quotes by Tim Draper?

One of <span class="font-semibold text-foreground">Tim Draper's</span> famous quotes is: "Bitcoin will eventually change the way all the world’s banking is done." He is also known for his optimistic outlook on the future of technology and free markets, often stating, "We try to do things that nobody else is doing, and for some reason, we get good at them."

What are Tim Draper's career highlights?

<span class="font-semibold text-foreground">Tim Draper's</span> career highlights include founding <span class="font-semibold text-foreground">DFJ</span> (now Threshold Ventures), an early venture capital firm with significant exits; founding <span class="font-semibold text-foreground">Draper Associates</span>; and establishing <span class="font-semibold text-foreground">Draper University</span> to educate entrepreneurs. He is also celebrated for his prescient early investments in iconic tech companies and his advocacy for Bitcoin.

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