• Daily Illinois
  • About
  • Contact
  • Privacy
  • Terms
  • DMCA
  • Sitemap
  • Write For Us
Sunday, March 26, 2023
Daily illinois - USA | News, Sports & Updates Web Magazine
  • Covid-19
  • News
    • All
    • Business
    • Education
    • Politics
    • Sports
    • World
    Ulysses S. Grant Quotes

    50+ Ulysses S. Grant Quotes: Inspirational Words from a Great Leader

    George Washington Quotes

    45+ George Washington Quotes about his Life, and Impact on American History

    The Benefits of Studying Electronics and Computer Engineering

    Harry S. Truman

    40+ Harry S. Truman Quotes for Personal and Professional Growth

    John F. Kennedy Quotes

    55+ John F. Kennedy Quotes that Inspire Leadership, Courage and Hope

    Theodore Roosevelt Quotes

    75+ Theodore Roosevelt Quotes That Will Inspire You To Take Action

    Thomas Jefferson Quotes

    40+ Exploring the Wisdom of Thomas Jefferson Quotes

    Donald Trump Quotes

    40+ Donald Trump Quotes That Define His Legacy

    Lyndon B. Johnson Quotes

    40+ Lyndon B. Johnson Quotes to Inspire and Motivate You

    Abraham Lincoln Quotes

    60+ Abraham Lincoln Quotes That Will Inspire You

  • Science & Tech
    • All
    • Ai - Artificial Intelligence
    • Apps
    • Mobile
    How to Delete a Friend on Snapchat

    How to Delete a Friend on Snapchat: A Step-by-Step Guide

    The Future of Information Technology Programs and the IT Industry

    The Future of Information Technology Programs and the IT Industry

    Best Apps for Android Music Downloads

    5 Best Apps for Android Music Downloads

    Make Clip on Twitch

    How to Make Clip on Twitch?

    Find Someone Information Using Phone Number

    Ways to Find Someone Information Using Phone Number

    What is the Structure of a Mobile App

    What is the Structure of a Mobile App?

    Limit the Damage in an Emergency

    Logging strategy: Limit the Damage in an Emergency

    Dev Ops Future And Free Platform To Learn

    Dev Ops Future And Free Platform To Learn

    Does discord notify you when you leave a group chat?

    Does discord notify you when you leave a group chat?

    Redirects and Benefits of it

    What Are Redirects And Benefits Of It

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    Best Online Games with Voice Chat

    6 Best Online Games with Voice Chat

    Best Apps for Android Music Downloads

    5 Best Apps for Android Music Downloads

    Make Clip on Twitch

    How to Make Clip on Twitch?

    The 12 Best Horror PC Games

    Best Horror PC Games: the scariest titles to play right now

    See a show on Broadway

    Ideas For Your Bucket List In 2023

    CBD DISPOSABLE VAPE PEN 1000MG

    CBD DISPOSABLE VAPE PEN 1000MG

    What Are The Benefits Of Using HWID Spoofer For Valorant

    What Are The Benefits Of Using HWID Spoofer For Valorant?

    Game studios are shelving play-to-earn games

    Game studios are shelving play-to-earn games

    Battle Infinity

    4,400% return! This coin could still increase its price a hundredfold

    Christine Settingsgaard sits in her yard on Wednesday, Sept 14, 2022, in Barrington. Settingsgaard was lured into sophisticated financial scam this summer via a man she met on Hinge, and “lost everything.”

    The case of the vanishing deposit – Chicago Tribune

    • F95zone
  • Lifestyle
    • All
    • Fashion
    • Food
    • Travel
    How Can You find True Calling

    How Can You find True Calling? These Tips Help You

    Mindfulness and motorhome vacation

    Mindfulness and Motorhome Vacation

    Can I wear a white shirt with grey dress pants?

    Can You Wear a White Shirt with Grey Pants?

    Cargo Pants Outfit

    How Can I Look Stylish with Cargo Pants Outfit

    New Trendy Bodysuit Outfit Ideas 2023

    New Trendy Bodysuit Outfit Ideas 2023

    How Do You Style A Simple Top

    How Do You Style Your Simple Tops?

    Great Ocean Road

    6 Things you can Experience along the Great Ocean Road

    So You Want to Be a Chef Here’s What You Need to Know

    So You Want to Be a Chef? Here’s What You Need to Know

    waterdrop reverse osmosis water filter

    Your Comprehensive Guide To The Tankless Reverse Osmosis System

    Best vegan gift ideas for every budget

    Best vegan gift ideas for every budget

33 °f
Chicago
35 ° Sat
35 ° Sun
35 ° Mon
37 ° Tue
No Result
View All Result
Daily illinois - USA | News, Sports & Updates Web Magazine
  • Covid-19
  • News
    • All
    • Business
    • Education
    • Politics
    • Sports
    • World
    Ulysses S. Grant Quotes

    50+ Ulysses S. Grant Quotes: Inspirational Words from a Great Leader

    George Washington Quotes

    45+ George Washington Quotes about his Life, and Impact on American History

    The Benefits of Studying Electronics and Computer Engineering

    Harry S. Truman

    40+ Harry S. Truman Quotes for Personal and Professional Growth

    John F. Kennedy Quotes

    55+ John F. Kennedy Quotes that Inspire Leadership, Courage and Hope

    Theodore Roosevelt Quotes

    75+ Theodore Roosevelt Quotes That Will Inspire You To Take Action

    Thomas Jefferson Quotes

    40+ Exploring the Wisdom of Thomas Jefferson Quotes

    Donald Trump Quotes

    40+ Donald Trump Quotes That Define His Legacy

    Lyndon B. Johnson Quotes

    40+ Lyndon B. Johnson Quotes to Inspire and Motivate You

    Abraham Lincoln Quotes

    60+ Abraham Lincoln Quotes That Will Inspire You

  • Science & Tech
    • All
    • Ai - Artificial Intelligence
    • Apps
    • Mobile
    How to Delete a Friend on Snapchat

    How to Delete a Friend on Snapchat: A Step-by-Step Guide

    The Future of Information Technology Programs and the IT Industry

    The Future of Information Technology Programs and the IT Industry

    Best Apps for Android Music Downloads

    5 Best Apps for Android Music Downloads

    Make Clip on Twitch

    How to Make Clip on Twitch?

    Find Someone Information Using Phone Number

    Ways to Find Someone Information Using Phone Number

    What is the Structure of a Mobile App

    What is the Structure of a Mobile App?

    Limit the Damage in an Emergency

    Logging strategy: Limit the Damage in an Emergency

    Dev Ops Future And Free Platform To Learn

    Dev Ops Future And Free Platform To Learn

    Does discord notify you when you leave a group chat?

    Does discord notify you when you leave a group chat?

    Redirects and Benefits of it

    What Are Redirects And Benefits Of It

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    Best Online Games with Voice Chat

    6 Best Online Games with Voice Chat

    Best Apps for Android Music Downloads

    5 Best Apps for Android Music Downloads

    Make Clip on Twitch

    How to Make Clip on Twitch?

    The 12 Best Horror PC Games

    Best Horror PC Games: the scariest titles to play right now

    See a show on Broadway

    Ideas For Your Bucket List In 2023

    CBD DISPOSABLE VAPE PEN 1000MG

    CBD DISPOSABLE VAPE PEN 1000MG

    What Are The Benefits Of Using HWID Spoofer For Valorant

    What Are The Benefits Of Using HWID Spoofer For Valorant?

    Game studios are shelving play-to-earn games

    Game studios are shelving play-to-earn games

    Battle Infinity

    4,400% return! This coin could still increase its price a hundredfold

    Christine Settingsgaard sits in her yard on Wednesday, Sept 14, 2022, in Barrington. Settingsgaard was lured into sophisticated financial scam this summer via a man she met on Hinge, and “lost everything.”

    The case of the vanishing deposit – Chicago Tribune

    • F95zone
  • Lifestyle
    • All
    • Fashion
    • Food
    • Travel
    How Can You find True Calling

    How Can You find True Calling? These Tips Help You

    Mindfulness and motorhome vacation

    Mindfulness and Motorhome Vacation

    Can I wear a white shirt with grey dress pants?

    Can You Wear a White Shirt with Grey Pants?

    Cargo Pants Outfit

    How Can I Look Stylish with Cargo Pants Outfit

    New Trendy Bodysuit Outfit Ideas 2023

    New Trendy Bodysuit Outfit Ideas 2023

    How Do You Style A Simple Top

    How Do You Style Your Simple Tops?

    Great Ocean Road

    6 Things you can Experience along the Great Ocean Road

    So You Want to Be a Chef Here’s What You Need to Know

    So You Want to Be a Chef? Here’s What You Need to Know

    waterdrop reverse osmosis water filter

    Your Comprehensive Guide To The Tankless Reverse Osmosis System

    Best vegan gift ideas for every budget

    Best vegan gift ideas for every budget

33 °f
Chicago
35 ° Sat
35 ° Sun
35 ° Mon
37 ° Tue
No Result
View All Result
Daily illinois - USA | News, Sports & Updates Web Magazine
No Result
View All Result
Home News Business

“I Back The Missionaries, Not The Mercenaries” Tim Draper On His Investment Strategy

by S. Publisher
December 6, 2022
in Business
Reading Time: 4 mins read
0
“I Back The Missionaries, Not The Mercenaries” Tim Draper On His Investment Strategy
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

 

Tim Draper speaks during the Bitcoin 2021 conference in Miami, Florida, the U.S., on June 4, 2021. … [+] Photographer: Eva Marie Uzcategui/Bloomberg

Related posts

How Can You find True Calling

How Can You find True Calling? These Tips Help You

February 14, 2023
Top 10 Cryptocurrencies after Market Capitalization

Top 10 Cryptocurrencies after Market Capitalization 2023

February 14, 2023

© 2021 Bloomberg Finance LP

Tim Draper is a modern-day legend of Silicon Valley. He’s a fourth-generation venture capitalist whose grandfather is credited with being one of America’s first VCs. And, after decades on Sand Hill Road, Draper opened his own VC firm Draper Associates, down the road in San Mateo. A big fan of decentralizing everything, he recently set up Draper Decentralized, a platform for investors to network and access vetted deals. An early investor in some of the most recognizable startups, including Hotmail, Skype, and Tesla, Draper stands out for his frequent appearances at startup events around the world.

I met Draper for an interview at Tech BBQ in Copenhagen last month, where he filmed an episode of Meet the Drapers, a self-produced, international version of Shark Tank. Entrepreneurs pitch Draper, his father, and his sister, as well as a guest judge, in a competition for a million-dollar investment. Danish aerospace company Airflight, which produces electric-powered flying cranes with a 440 lb payload, won the round in Copenhagen and will go on to the final in another episode.

Amy Guttman: How did you come up with the idea for Meet the Drapers?

Tim Draper: We did it as a lark, just for fun. It’s my Dad and my sister and a guest judge. I always wanted to do crowdfunding and I wanted to do a show that allowed the viewer to invest. We’re currently rethinking crowdfunding to make sure it works. But, we had one company called Boxabl that, with crowdfunding, has raised $200M. We started in big markets like India and Brazil and the show is hitting its stride.

Guttman: Why do you attend so many tech summits like this one?

Draper: I learn from talking with people. I meet with many and invest in a few, but I do like to follow up with the people I have met at conferences, so I guess they get a slight advantage.

Guttman: How do you make investment decisions?

Draper: I invest in the future I want to see. I am an I believer in the decentralization of everything that can be decentralized. Bitcoin and Blockchain offer the opportunity to decentralize.

Beyond that, I back the missionaries, not the mercenaries. I back the entrepreneurs who are so driven, it’s their reason to live. This is all they’re going to do with their lives and they’ve shown me the future I want. The mercenaries are just in it for the money and when things get tough, they’re the first ones to leave the ship. We want people that are real captains – willing to go down with the ship, but they’re going to fight all the way through that tempest.

Guttman: What drives your decisions about which ecosystems to explore, geographically?

Draper: We have a non-profit called the Draper Innovation Index that goes out and gathers research and data and then we list countries by how good they are for innovators. We also list states in the same order. California has dropped significantly, and the U.S. is still clinging, barely, to the top spot; it’s really close between the U.S., Singapore, and Switzerland.

I look at that list and say, not who’s the best, although that’s where I usually invest, but who’s changing the most? Who’s creating more freedom and who’s creating less freedom? The ones creating less freedom, I like to pull out of and the ones who are creating more freedom, that’s where the energy’s going to go.

Guttman: Where do you see that freedom going?

Draper: Interestingly, a lot of South American countries are getting more freedom while a lot of South American countries are locking down. I’m excited about El Salvador, Uruguay, and Chile has always been great because a President takes office for 5 years and then can’t be re-elected until they’ve sat out a term, so they can campaign while in office. I look at those places and put my toe in the water.

Guttman: Which emerging markets excite you?

Draper: In Africa, I really want to invest in the ones where they can skip a step. The Central African Republic has now made Bitcoin a national currency. So, I might go there because they’re going to start innovating.

I was jealous of talking with people from El Salvador. I was thinking, you guys are already way ahead of us, because they’ve got smart contracts (self-executing contracts written in code stored on blockchain) already happening. They can do airdrops (unsolicited mass distribution of cryptocurrency coins used to encourage adoption). I’ll invest in El Salvador as soon as I can.

Guttman: The work you do at Draper University is, perhaps, your most important investment. How’s that going?

Draper: It has been an amazing success. We have 3,000 students coming from 102 different countries. We’ve had 5 unicorns start from scratch at Draper University. People come out of there saying, my life’s changed. It’s extraordinary.

Source by www.forbes.com

Related

Share197Tweet123Share49
Previous Post

Company Formation Tips: How To Start A New Business The Right Way

Next Post

IronFX Review: Everything You Need to Know

Next Post
IronFX Review

IronFX Review: Everything You Need to Know

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News - Daily illinois

How to Delete a Friend on Snapchat

How to Delete a Friend on Snapchat: A Step-by-Step Guide

March 24, 2023
Ulysses S. Grant Quotes

50+ Ulysses S. Grant Quotes: Inspirational Words from a Great Leader

March 24, 2023
George Washington Quotes

45+ George Washington Quotes about his Life, and Impact on American History

March 24, 2023
The Advantages of Physical Therapy for Back Pain

The Advantages of Physical Therapy for Back Pain

March 17, 2023

The Benefits of Studying Electronics and Computer Engineering

March 16, 2023
cancer causing ingredients in cosmetics

Carcinogens in Makeup

March 15, 2023
Harry S. Truman

40+ Harry S. Truman Quotes for Personal and Professional Growth

March 12, 2023
most common skin concerns

What are the Most Common & Top Skin Concerns?

March 9, 2023
Daily illinois - USA | News, Sports & Updates Web Magazine

Copyright © 2020 Dailyillinois.com.

Navigate Site

  • Daily Illinois
  • About
  • Contact
  • Privacy
  • Terms
  • DMCA
  • Sitemap
  • Write For Us

Follow Us

No Result
View All Result
  • About Us Page
  • Contact
  • Daily illinois
  • DMCA Policy
  • Privacy Policy
  • Submit, Guest Post, Write For Us and Become a Contributor
  • Terms of Use

Copyright © 2020 Dailyillinois.com.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.