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"[Bitcoin] is probably the best investment that I will ever hold and I think I'll just hold it." - Tim Draper
Takeaways
- Tim's journey into venture capital began with a desire to innovate.
- Draper has made significant investments in companies like Hotmail, Tesla, and SpaceX.
- He emphasizes the importance of human connection in business.
- He believes Bitcoin will play a crucial role in the future of finance.
- Draper advocates for a shift away from traditional fiat currencies.
- His investment philosophy focuses on high-risk, high-reward opportunities.
- Tim sees potential in emerging technologies like AI and bio-cures.
- He encourages a mindset of curiosity and continuous learning.
Tim Draper founded Draper Associates, DFJ and the Draper Venture Network, a global network of venture capital funds. Funded Coinbase, Baidu, Tesla, Skype, SpaceX, Twitch, Hotmail, Focus Media, Robinhood, Athenahealth, Box, Cruise Automation, Carta, Planet, PTC and 15 other unicorns from early/first rounds.
He is a supporter and global thought leader for entrepreneurs everywhere, and is a leading spokesperson for Bitcoin and decentralization, having won the Bitcoin US Marshall’s auction in 2014, invested in over 50 crypto companies, and led investments in Coinbase, Ledger, Tezos, and Bancor, among others.
He is regularly featured on all major networks as a proponent for entrepreneurship, innovative governance, free markets and Bitcoin, and has received various awards and honors including the World Entrepreneurship Forum’s “Entrepreneur of the World,” and is listed as one of the top 100 most powerful people in finance by Worth Magazine, the top 20 most influential people in Crypto by CryptoWeekly, #1 most networked VC by AlwaysOn, #7 on the Forbes Midas List, member of the Global Guru 30 Startup Gurus in the world, and #48 most influential Harvard Alum.
