Tim Draper

Venture capitalist and founder of Draper Associates

Venture capitalist and founder of Draper Associates, Draper is known for his bullish stance on Bitcoin.

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Tim Draper

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“Safe” bets are actually risky bets to me. Safe = Consensus Consensus = Obvious, not a big enough stretch. Consensus will be done by the big companies before a startup is able to build its market. There was an era when everyone loved traditional brokers. That was the ‘safe’ investment. So I invested in @RobinhoodApp. When no US car company had succeeded for 50 years, I invested in @Tesla. When self-driving cars was unthinkable, I invested in Cruise (acquired by General Motors ( @GM )). When traditional media was still the norm, I invested in @Twitch. And of course… when the U.S. dollar is the “pinnacle of stability,” I went all in on @Bitcoin. If everyone agrees with your investment choices… you're already too late.

Mentioned on : 07/22/2025

Just had an incredible conversation with Grace Dawes. Here’s some of what we covered: -Detroit automakers missed electric vehicles. To catch up… they need to make them fly. I said to a large audience of auto industry execs: "You missed electric vehicles, so you better make them fly." For the most part, they ignored me. -Why I’m betting on electric hydrofoil boats now. (Spoiler alert: They are awesome.) -How @Bitcoin will become the platform for almost all transactions (and why every family should hold 6 months of expenses in BTC) Thanks to Grace for having me on. Looking forward to meeting in person in Detroit in September!

Mentioned on : 07/17/2025

My son beat me to the best investment of the decade. @Brian_Armstrong walks into my office to pitch @Coinbase. My son, @AdamDraper was there and we love the pitch and love Brian. I want in immediately, but I'd already invested in @CoinLab (a startup with a similar premise). So… I passed on the seed round. Oops. My son didn't have that conflict and invested in Coinbase's first round at a very good price. I finally got in at the growth round, and then our fund joined at pre-IPO. Both were great successes, but my son’s returns solidly beat my own. Good to see that each generation gets better than the one before.

Mentioned on : 07/08/2025

This is a fun one! Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper via @coindesk

Mentioned on : 07/02/2025

In uncertain times, one thing is valuable everywhere, #bitcoin. Travels across borders. Decentralized. Immutable. Liquid. Global. The ultimate hedge against government spending.

Mentioned on : 06/22/2025

Bitcoin recently hit 61% market share, up from 40% after the first boom-bust cycle and 50% after the last one. There is a gravitational pull toward Bitcoin. All the successful innovations on other platforms are being now ported to Bitcoin. This matters so much more than people realize. All the innovation that started in altcoins (smart contracts, blockchain applications, ordinals) is moving to Bitcoin. I liken this phenomenon to Microsoft in the operating system days. When Lotus 1-2-3 took off, Microsoft created Excel and brought it into the OS. WordPerfect succeeded, so Microsoft built Word. Then Microsoft bought PowerPoint early. All of these applications became standard with Microsoft, while the early startups were marginalized. Bitcoin is worth $1.8 trillion. The next largest token, Ethereum is only worth $250 billion. Bitcoin gets most of the programmers now. They are gravitating toward Bitcoin. The five applications that really matter are being built on Bitcoin—DeFi (Peer to Peer Payments, Trading, Exchanges, financial inclusion etc), Smart Contracts (supply chain transparency and traceability, asset trading and resource tracking) , Ordinals, Runes, and Layer 2 solutions like low cost micropayments. This gravitational pull is accelerating. We've launched a Bitcoin accelerator with @BoostVC and our own @Maxime_Bucaille. We’re two sessions in, and the results are fascinating. Every entrepreneur building on Bitcoin has the entire ecosystem's momentum behind them. Smart entrepreneurs are always building on the platform with the strongest gravitational pull. That platform is Bitcoin. When people ask what Bitcoin will be worth in 5 years, I say it will be worth one bitcoin. It may be infinite against the dollar as the dollar continues to inflate into nothingness.

Mentioned on : 06/24/2025

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