Venture capitalist Tim Draper reflects on common traits among top founders he has backed, including the founders of Baidu, Hotmail, and Tesla.
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“In all the cases of the greatest entrepreneurs, I think it's been enthusiastic, but quiet confidence that I see in the ones that became enormously successful.”
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More from Tim Draper
AssertionNot checkable as stated
Tim Draper: Bitcoin is more secure than money at Goldman Sachs
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PredictionNot checkable as stated
Tim Draper: Bitcoin and blockchain will disrupt venture capital like Uber
“All of these things, Bitcoin, the blockchain, there are going to be new technologies applied to venture capital just the way file sharing was applied to the music industry, or Uber was applied to the taxi industry. I think venture capital is going to be change…”
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PredictionNot checkable as stated
Tim Draper predicts widespread Bitcoin adoption will occur by 2018
“Yeah, I think the adoption, I thought it would be three years and that was two years ago. It might be another two years because all of these entrepreneurs who have worked very hard to create uses for Bitcoin, those uses are starting to be adopted.”
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AssertionContradicted
Tim Draper: I created viral marketing by putting messages in Hotmail
“I created the idea to put a message at the bottom of everybody's email at Hotmail.”
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Insight
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Disclosure
Tim Draper: We funded Tesla before Elon Musk took over
“And it was actually true of Martin Eberhard when we funded Tesla before Elon Musk came in and refund, refinanced it and took it over.”
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