🦸 “Superhero Money” — Interview with Tim Draper: The Godfather of VC

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The Best One Yet 47 min 2 speakers 8 chapters transcribed 1 hour ago
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Who is Tim Draper and how did he become the “Godfather of VC”?

Nick Martell 0:00
Yetis, put down your pitch decks and get ready to cash checks. Because today's guest for our San Francisco live show is the billionaire, Tim Draper,
Unknown 0:09
the godfather of venture capital. And his investing resume has more wins than Midas making Midas look like he lost his touch. We think this man must have a time machine because all of his big bets turn out to be right. Before Andreessen hooked up with Horwitz. Before Justin Timberlake got hired by the Facebook. Before Steve Jobs even thought about putting on a turtleneck, Tim Draper was riding unicorns. You mean feeding unicorns with capital. Correct. Right, Jack? Yeah, because Tim established the Silicon Valley venture capital that we all know right now. And today... Tim's startup portfolio is today's all-stars on the stock market. And tonight, he's going to tell us how he picks them. Because he was right about Tesla.
Unknown 0:50
He was right about SpaceX. He was right about Twitter. He was right about Skype. He was right about Ring. He was right about DocuSign. He was right about Coinbase. He was right about Twitch. When the Robinhood investors, when the Robinhood founders got rejected 25 times facing 25 no's, Tim Draper was the very first man to say yes. Tim Draper bought Bitcoin at $4. Not $400. Not $4,000. Not $40,000. $4. The slice. That's the price of a slice. That's the price of a slice. But Tim is not just getting rich. He invests specifically in companies with a vision to change the world. He actually once proposed splitting California into six separate states. We'll ask him about that. He also founded a startup university whose mascot is actually Batman.
Nick Martell 1:35
and he turned his family into a reality TV show about investing. But most impressive to us, Tim, he's
Unknown 1:42
actually
Nick Martell 1:43
got the wildest
Unknown 1:44
wardrobe in all of
Nick Martell 1:45
Silicon Valley. Oh, if he's not wearing a Looney Tunes-themed tie tonight, then the stocks are going to drop tomorrow.
Unknown 1:50
That's a sell signal. Besties, and on top of it all, this man is a yeti. He is in the audience right now. So,
Nick Martell 1:56
besties, please welcome the Superman of seed funding, the Iron Man of equity, the Wolverine of...
Unknown 2:03
Whoa! That is a big price!
Nick Martell 2:05
Our guest tonight for the live show is the one investor you need to know, Tim Draper.
Unknown 2:14
And this interview with Tim is the best one yet.
Jonny Smith 2:28
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Tim Draper 3:03
My wife and I bought tickets to this. Well, actually, she got them for me for Father's Day. And we were getting ready to go. I mean, we were ready to go, and then you gave me the call. I went, I'm already going to be there. And I just, a shout out to my wife. She got all except for one of your trivia questions. Did she really? Yeah, she is your biggest Jetty fan.
Nick Martell 3:33
Oh, my God. We have to get another bell made. She
Tim Draper 3:34
would have won the bell, but she didn't want to.
Nick Martell 3:38
I'm going to break the T's and C's. I'm going to entitle her to two hugs. Two hugs.
Tim Draper 3:42
And she can ring the bell
Unknown 3:43
on the
Tim Draper 3:43
way out. Oh, by the way, I'm a huge fan, too.
Nick Martell 3:46
Thank you.
Tim Draper 3:46
You
Unknown 3:47
guys,
Tim Draper 3:47
you entertain and educate, and I feel like anybody, I mean, you're creating a whole group of MBAs here. They come out of this. I mean, you all know, you listen to this and you go, whoa, I'm way smarter than I used to be.
Nick Martell 4:05
That is the highest compliment. Thank you so much for saying
Tim Draper 4:08
that. Thank you. Oh, it's fantastic.

What is the Guinness World Record Tim Draper set by hearing 52 startup pitches in a cold plunge?

Nick Martell 4:09
We're really honored you're here tonight. And, you know, we're so impressed by the way that you get attention. and continue to do so in novel and creative and on-brand and bright ways, to use the word that Nick and I like.
Unknown 4:22
And we've learned from you from all the ways you do that. The one we want to highlight, though, it's one accolade we forgot to mention. It's your Guinness record.

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