September 20, 2013
Venture capitalist Tim Draper, the founder of Draper Fisher Jurvetson, believes in world-changing ideas.
Speaking at Tech Cocktail Week in downtown Vegas, Draper predicted some of the big breakthroughs in the next 15 years, like near-infinite energy and noninvasive surgery. The startups he wants to invest in are tackling big problems like these, completely disrupting their industries the way Hotmail disrupted the post office. “You’re on the world to change it,” he said. “See what you can do.”
He recently started the Draper University of Heroes, which is out to empower the next generation of young entrepreneurs. Draper University is a boarding school that teaches everything from finance to martial arts to survival training. “My message to the world is: there aren’t enough heroes out there,” he said.
Draper detailed the variety of investments that DFJ has made across the world, including Baidu in China, Skype in Estonia, and Hotmail in the United States. He recalls trips around the globe when he talked with foreign government officials, encouraging them to loosen up their business regulations so he could invest there. And, as he tells it, they listened – because countries are competing for US investment.
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