Tim Draper

24 Articles 2 Followers

Timothy Draper is an American venture capitalist and founder of Draper Fisher Jurvetson venture capital firm, among many other entities. Draper is extremely well known in Silicon Valley and is considered to be a highly successful investor. 

Draper and his associates are particularly keen on investing in technology, though investments also cover education and media. Investments include Baidu, Tesla, SpaceX, Skype, , Robinhood, Twitch and Twitter. On the more pioneering front, Draper has invested in Artificial Intelligence (AI), Bitcoin, blockchain and computational genomics.

Draper was also involved in one of the most notable of early examples of viral marketing, by way of recommending that Hotmail attach a brief advertising message at the bottom of every mail. 

In the cryptocurrency space, Draper is recognized as being a strong defender and one of the most well-known proponents of Bitcoin. A favourite among the media, Draper is frequently interviewed, covered and quoted in press circles, and Draper himself has conducted many sessions in which he espouses the positive qualities of Bitcoin and blockchain technology. 

Being so well recognized and successful, Draper’s words are taken quite seriously, including his belief that Bitcoin will reach $250,000 in value by the end of 2022. Draper has stuck by this prediction consistently and investors find themselves buoyed by the fact that even those on the inside of the financial/investment industry recognized the potential of Bitcoin. 

Draper supports the fundamentals principles supporting Bitcoin and related tokens and technology. He has shown support for the decentralization of currency and the fact that people anywhere in the world can have access to financial services only via a smartphone and the internet.

Tim Draper's 250K Bitcoin saga continues

11 Jul 2023 2 minute read 2 comments Kovichni

Let's take a quick trip down memory lane. January 2023: "Tim Draper is betting (once again) that bitcoin prices will hit $250,000 a coin by the end of 2023. Of course, he made a similar bet in 2022." Well, it's just halfway 2023 and Draper is now app...

Tim Draper doubles down on his 250K Bitcoin price prediction, here's why he might actually be right

8 Jan 2023 3 minute read 5 comments Kovichni

I often check up on these old articles and the core message they once had. Not to do a child like "hahaaa this aged well" kind of thing, but to see if they were right or why they ended up being wrong. Why? Because these are often the crucial learning...

Remember this Tim Draper article from 2019 where he said "invest before it's too late, we are 2 years away from everyone using Bitcoin", what went wrong?

10 Jul 2021 1 minute read 2 comments Kovichni

Back then the price was almost 4000 Dollars per Bitcoin. Today, more than 2 years later it's almost 10x at approximately 35.000 Dollars and for a while went all the way beyond the 60.000 Dollar mark. Though of course not "everyone" is using it now 2....

Tim Draper’s VC Firm Raises $25M for Blockchain Venture Fund

14 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Tim Draper’s VC firm Draper Goren Holm has raised $25 million for its first venture capital fund, CoinDesk first reported on October 13. Draper Goren Holm’s first venture capital fund will be used to support its startup accelerator and back blockcha...

Real Estate Blockchain Platform Propy Raises $1.2M, Draper and Arrington Participate

9 Oct 2020 1 minute read 4 comments Abhimanyu Krishnan

Blockchain-based real estate platform Propy has raised $1.2 million in a funding round that involved prominent investors Tim Draper and Michael Arrington. Propy uses blockchain technology to prevent fraudulent transactions and streamline property pu...

Tim Draper Sheds Light on Altcoin Portfolio

24 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

Bitcoin proponent and investor Tim Draper revealed his cryptocurrency holdings at a recent investment conference.  Draper reveals that his portfolio consists of Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Tezos (XTZ), and Aragon...

Why $DMM is one of the few DeFi tokens that can do well during the DeFi Winter

2 Sep 2020 5 minute read 8 comments Brawnd0

Yes, you heard correct - DeFi Winter.  As much as you would hate to hear this, nothing lasts forever. The market cannot go up infinitely without any pullbacks. Eventually, the Wintertime will come for DeFi, similar to what 2017/18 traders experienced...

Top Things You Should Know About DeFi Money Market (DMM)

19 Aug 2020 9 minute read 4 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the decentralized financial contracts platform – DeFi Money Market (DMM). DMM – short for DeFi Money Market – is an Ethereum-powered DeFi protocol that empowers anyone to earn a...

TOP 4 Crypto Investments by Billionaire Tim Draper

15 Jul 2020 3 minute read 2 comments kevW!ls0n

DeFi is all the talk in the industry at the moment, which is not surprising given the higher than average returns than some of the newer protocols offer. Over $2.5 billion in market cap and a series of new programs that let investors earn from idle a...

New Player DMM Token Enters Top 10 DeFi Rankings

9 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

Tim Draper-backed Defi Money Market (DMM) has entered the top 10 in DeFi rankings with its token, as of July 8. The DMMDAO currently has a market cap of $360 million, with the governance token accounting for almost all of the market cap at $358 milli...