Wiki Biography of Tim Draper
Timothy Cook Draper (born June 11, 1958) is an American businessman and co-founder of Draper Fisher Jurvetson, a well-known venture capital firm.
So, what is Don Draper’s net worth? It was estimated by credible sources in mid-2016 to be $1 billion, accumulated during his years as a venture capital investor.
Tim Draper has a $1 billion net worth.
Draper, who was born in California, came from a long history of businessmen. It’s no wonder that he became a businessman after his father, William Henry Draper III, founded Draper & Johnson Investment Company, and his grandpa, William Henry Draper Jr., founded Draper, Gaiter, and Anderson. Despite majoring in electrical engineering throughout his undergraduate studies at Stanford University, he eventually went on to Harvard Business School to earn an MBA.
Draper began his career at Alex, Brown & Sons; however, despite the fact that his job began his journey to fortune, Draper did not stay long and decided to start his own business. He founded the venture capital firm Draper Fisher Jurvetson in 1985 with pals John H.N. Fisher and Steve Jurvetson. The firm invests in a variety of early-stage and start-up businesses and helps them grow until they are able to stand on their own. Tesla, Solar City, Skype, AngelList, Redfin, and Box are just a few of the well-known firms in which Draper Fisher Jurvetson has invested. The success of these businesses has benefited the firm as well, greatly increasing Draper’s net worth.
In 1985, Draper established his own venture capital firm, Draper Associates. It’s a seed-stage venture funding firm that focuses on consumer technology, financial technology, healthcare, education, government technology, and manufacturing companies. Despite the fact that the company was wholly owned by Draper, it was a success, and his fortune grew in tandem with his investments.
In 1996, Draper is credited with coining the term “viral marketing.” Draper and his colleague Jurvetson are also credited with coming up with the notion of attaching a small advertisement to the end of an email, which helped to propel Hotmail and Yahoomail to success. Many firms are already employing the strategy to sell their products.
Draper established his own business school, Draper University, in San Mateo, California, in 2012. The school assists ambitious entrepreneurs by providing Draper-designed education. Draper has made headlines in recent years after purchasing a large number of bitcoins. He bought 30,000 bit coins in 2014, anticipating that this would be the top level value for investors.
He also petitioned for California to be divided into six smaller states the same year, claiming that the state as a whole was becoming difficult to manage. Unfortunately, he was unable to obtain the necessary signatures to have his petition approved. In his personal life, Draper is married to Melissa and the couple has four children together.
|Timothy C. Draper
|Date Of Birth
|June 11, 1958
|Place Of Birth
|San Francisco, California, U.S.
|Businessman, venture capital investor
|Stanford University, Harvard Business School
|Jesse Draper, Eleanor Draper, Billy Draper, Adam Draper
|William Henry Draper III, Phyllis Culbertson
|Polly Draper, Becky Draper
|Sidekicks, 10. Fund Me, 9. Prototypes, Partners & Pitches, 8. Motivation