This is The Worlds Most Influential, Powerful Investor with Tim Draper of DFJ Venture (Timothy Draper)
b'
Ep 129 Tim Draper of DFJ Venture (Timothy Draper) joins Nathan.
\\nTim Draper was a founding partner of\\xa0Draper Associates\\xa0and\\xa0DFJ. He has raised ten core funds totaling more than $10 BILLION, hired and led a team of partners, invested in hundreds of early\\xadstage private companies, including\\xa0Baidu,\\xa0Tesla,\\xa0Hotmail,\\xa0Skype,\\xa0Parametric Technology,\\xa0Digidesign,\\xa0TwitchTV,\\xa0Theranos\\xa0and\\xa0Overture. He has extended his reach through the building of the\\xa0Draper Venture Network\\xa0with 14 funds covering 30 cities around the world, through the creation of\\xa0Draper University, a school and ecosystem dedicated to preparing entrepreneurs, and through building a high-profile brand to generate deal flow.
\\nYOUR $100: Remember to subscribe to the show on itunes then text the word "nathan" to 33444 to confirm that you\'ve done it to enter to win $100 every Monday on the show. Do this now. Stop reading this and do it!
\\nClick here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive
\\n3 Key Points:
\\n- \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 Entrepreneurs need to be comfortable with changing rules \\xa0 \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 California is falling behind in business, education. Division of the state would improve results. \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 Viral marketing is a good thing. \\n
Episode Notes:\\xa0
\\n- \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 00:58 \\u2013 Nathan\\u2019s introduction to today\\u2019s show \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 01:43 \\u2013\\xa0Skype\\xa0investment \\u2013 Tim was in the first\\xa0Skype\\xa0video call, his username is \\u2018Tim\\u2019 \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 02:52 \\u2013\\xa0Skype\\xa0investment less than $10 million. Sold for $4 billion to ebay \\xa0 \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 04:08 \\u2013 Size of funds usually around $400 million. Network is in 36 cities around the world \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 06:10 \\u2013 ABC reality show\\xa0Startup U\\xa0\\xa0 \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 07:25 \\u2013 Changing volleyball rules on\\xa0Startup U\\xa0/ encouraging freedom at\\xa0Draper University \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 10:18 \\u2013 Invested in\\xa0Tesla\\xa0early prior to Elon Musk\\u2019s involvement \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 10:59 \\u2013 Tim\\u2019s different processes for finding new investment opportunities \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 12:10 \\u2013 Elon was an investor in Tesla prior to taking control \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 13:19 \\u2013 Tim\\u2019s ties \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 13:43 \\u2013\\xa0Six California\\u2019s\\xa0\\u2013 the rationale \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 16:50 \\u2013 Doesn\\u2019t believe he would be a good political candidate \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 17:13 \\u2013 \\u2018Get your free email at Hotmail\\u2019 \\u2013 first viral marketing \\xa0 \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 19:37 \\u2013 The Famous Five \\n
Resources Mentioned:
\\n- \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0Growth Geeks\\xa0\\u2013 The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects. \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0Draper Associates \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0DFJ \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0Startup U\\xa0\\xa0 \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0Draper University \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0Draper Venture Network \\n
Famous 5
\\n- \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 Favorite Book?\\u2014\\xa0The Startup Game\\xa0by William Draper \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 What CEO do you follow? \\u2014 All of them. Elon Musk, Robin Li (Baidu), Elizabeth Holmes (Theranos). \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 Do you get 8 hours of sleep? \\u2014 No \\n
- \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 If you could let your 20-year-old self know one thing, what would it be? \\u2013 Stick to your intuition. \\n
\\xa0
\\n\\xa0
\\nListen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
\\nThe Top is FOR YOU if you are:
\\nA STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)
\\nSTUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)
\\nAn influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)
\\nThe Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
\\nYour host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
\\n\\xa0
\\nOprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that\'s like an audio version of Pat Flynn\'s monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop
'