Tim Draper founded Draper Associates in July, 1985, which, when joined by John Fisher and Steve Jurvetson, became the venture capital firm Draper Fisher Jurvetson (now DFJ). Investments include Skype, Hotmail, Tesla, Baidu, Theranos, and Overture, among many others. With Draper Associates, investments include Twitch.TV, YeePay, Indiegogo, Docusign, Parametric Technology and AngelList.
He also founded the DFJ/Draper Network, a global network of venture funds who work together to improve service to entrepreneurs, covering 30 cities around the world.
He is the creator of viral marketing, a marketing method for spreading a software application from customer to customer, instrumental to the successes of Hotmail and Skype among hundreds of others including Gmail and Yahoo! mail.
He has been listed as #46 of the most outstanding Harvard alumni, #7 on the Forbes Midas List, #1 Most Networked Venture Capitalist by Always On, and #98 on the 2014 Worth Magazine 100 Most Powerful People in Finance. He has won numerous awards and honors and is regularly featured in the press as a leading supporter of entrepreneurship.
EDUCATION AND SPREADING ENTREPRENEURSHIP
Tim received a Bachelor of Science from Stanford University with a major in electrical engineering and a Master of Business Administration from the Harvard Business School.
Tim is dedicated to spreading entrepreneurship. In 1994, he created a 501c3 non-profit called BizWorld, an organization that teaches young children about business and entrepreneurship. In 2011, he created Draper University, a school based in San Mateo, CA, to help extraordinary people accomplish their life missions.
He served on the California State Board of Education in 1998-1999, and led a movement for Local Choice in schools culminating in becoming proponent for a statewide initiative for School Vouchers in November, 2000.
In 2014. he lead an initiative to create six new states in California (Six Californias) to encourage competition and choice in government. The initiative failed to qualify for the ballot, but Tim recognized the breadth of great ideas to improve government.
In late 2014, Tim founded Innovate Your State, a nonprofit (501c3) organization dedicated to educating and encouraging public participation to fundamentally improve government.