Adam Draper is the founder and CEO of Boost VC, a venture capital firm and accelerator focused on frontier technology.
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“It's an accelerator program. So we do two, two tribes a year, two sessions a year that are three months, they're three months long where we provide housing office space and we invest in the companies and we invest between 10 and 25,000 dollars. To 25 companies twice a year. So we do about 50 deals a year in, in this model where we provide housing and office space.”
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More from Adam Draper
AssertionNot checkable as stated
Adam Draper: Blockchain technology cannot exist without Bitcoin's incentive structure
“And to me, they're completely integrated. Everyone's, they're very integrated and they're very similar. It's one can't exist without the other because the Bitcoin system is the incentivized system to help the ledger stay opera in operation because the ledger i…”
Adam DraperFeb 24, 2016▶ 14:5220VC: Investing In The Next Frontiers Of Tech & Harry Potter with Adam Draper, Founder & CEO @ Boost VC
Opinion
Adam Draper: US government regulation actually drives crypto adoption by legitimizing it
“I actually think regulation is good because it legitimizes it. Like, every time the US government makes a new rule about Bitcoin or the blockchain more people get interested in it rather than shy away from it because it feels like it's more and more endorsed b…”
Adam DraperFeb 24, 2016▶ 11:3620VC: Investing In The Next Frontiers Of Tech & Harry Potter with Adam Draper, Founder & CEO @ Boost VC
Disclosure
Boost VC Focuses Its Accelerator Investment Program on Blockchain and VR
“We're not, Going global, we're bringing people to the United States in order to train them in specific industries such as blockchain and virtual reality is where our focuses have been.”
Adam DraperFeb 24, 2016▶ 4:3020VC: Investing In The Next Frontiers Of Tech & Harry Potter with Adam Draper, Founder & CEO @ Boost VC
AssertionNot checkable as stated
Adam Draper pitched 3,000 investors to close 35 LPs for $6.6M fund
“I so it took me 12 months to raise my money. So, so from when I opened to raise money to close, it was like no, no, Back in 2013 to november 2220 14, and I closed 6.6 million bucks. I had to, I reached out to probably 3000 investors. I ended up meeting with ab…”
Adam DraperFeb 24, 2016▶ 6:2520VC: Investing In The Next Frontiers Of Tech & Harry Potter with Adam Draper, Founder & CEO @ Boost VC
AssertionSupported
Draper: Bitcoin cuts cross-border transfer costs by two-thirds
“Border to border transfer of money. It can be a third the cost and one fifth the time of sending money today with this new technology, which is really, really exciting.”
Adam DraperFeb 24, 2016▶ 12:0220VC: Investing In The Next Frontiers Of Tech & Harry Potter with Adam Draper, Founder & CEO @ Boost VC
AssertionNot publicly verifiable
Draper: Around 200,000 miners power the Bitcoin transactional network
“There's something like 200,000 people who are hooked up to this network who are powering this huge transactional thing.”
Adam DraperFeb 24, 2016▶ 15:1420VC: Investing In The Next Frontiers Of Tech & Harry Potter with Adam Draper, Founder & CEO @ Boost VC
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