90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Tim Draper On Silicon Valley And Entrepreneurship

We check in on Silicon Valley and the way ahead with heavyweight venture capitalist and tech visionary Tim Draper.

Draper University students at Google HQ (Draper University).

Draper University students at Google HQ (Draper University).

It’s been a rough decade for venture capital.  In the 1990s, venture capitalists – “VCs” – were masters of the universe, racking up huge returns fueling and riding the Internet boom.  Since then, not so good.  In fact, overall, not good at all for the venture investors who come in early looking for a huge payout with the next Google or Facebook.

Silicon Valley has been the heartland of high-profile venture capital.  And venture capitalist Tim Draper has been at the heart of that high-flying world.  He’s with us.

This hour, On Point:  American venture capital and innovation, with Silicon Valley heavyweight Tim Draper.

- Tom Ashbrook

Guest

Tim Draper

Tim Draper

Timothy Draper, founder of the global venture capital firm Draper Fisher Jurvetson. Founder of Draper University of Heroes, a boarding school for young entrepreneurs. (@timdraper)

From Tom’s Reading List

San Francisco Chronicle: Tim Draper’s boarding school for entrepreneurial heroes in San Mateo — “Venture capitalist Tim Draper is turning the landmark Benjamin Franklin hotel in downtown San Mateo — which had sat mostly vacant since United Airlines stopped housing flight crews there around 2002 — into a short-term boarding school for wannabe entrepreneurs. Draper, co-founder of the prominent Menlo Park VC firm Draper Fisher Jurvetson, says he got ideas for his Draper University of Heroes from Andover (the prep school he attended before Stanford and Harvard Business School), Harry Potter’s Hogwarts, Singularity University at Moffett Field and, most importantly, his own life.”

CNNMoney: The quiet successes that drive Silicon Valley — “Yes, Silicon Valley has its share of high profile ‘tech celebrities,’ and wealth and attention can be generated in Silicon Valley perhaps faster than anywhere other than New York (wealth) or LA (attention). But every day, great entrepreneurs are building amazing companies you don’t hear about.”

Wired: The Screams of Crushed Startups Echo Across Silicon Valley — “A reckoning is sweeping through Silicon Valley, and the cries of pain have grown too loud to ignore. Many startups fattened by plum valuations and hefty bankrolls in their infancy are finding nowhere to turn when the money runs out, according to various Silicon Valley venture capital firms. These startups have no choice but to swallow their pride and reverse their sunny financial projections.”

 

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Jan 27, 2015
Leader of Syriza left-wing party Alexis Tsipras speaks to his supporters outside Athens University Headquarters, Sunday, Jan. 25, 2015. A triumphant Alexis Tsipras told Greeks that his radical left Syriza party's win in Sunday's early general election meant an end to austerity and humiliation and that the country's regular and often fraught debt inspections were a thing of the past. (AP)

A leftist victory in Greece, and anti-austerity pushback across Europe. We’ll ask where this goes.

Jan 27, 2015
As any ant knows, building a reliable team can be hard. (Flickr / Guildmn20)

From Silicon Valley to your office, some teams work better – and smarter – than others. We’ll look at the surprising reasons why.

RECENT
SHOWS
Jan 26, 2015
Frederick Daniel Hardy's "Baby's Birthday" (1867) shows a typical Victorian English family at home.  (Wikimedia / Creative Commons)

Brush your teeth with soot, stay away from water, wear a steel corset. We’ll talk with the author of “How to be a Victorian.” Strange ways from another age.

 
Jan 26, 2015
Yemeni protesters gather during a demonstration to show their support to Houthi Shiite rebels in Sanaa, Yemen, Friday, Jan. 23, 2015.  (AP)

Yemen in turmoil, a new king in Saudi Arabia. We’ll look at what’s next for the Arabian Peninsula. Plus: the President’s trip to the Indian subcontinent.

On Point Blog
On Point Blog
Our Week In The Web: January 23, 2015
Friday, Jan 23, 2015

New thoughts on Facebook, new analysis of State of the Union twitter activity and new weekend excitement. New! And exciting!

More »
Comment
 
Meet On Point’s Interns: Spring 2015
Friday, Jan 23, 2015

Good news! We have interns, and they are wonderful, and here they are for the spring term. Meet them digitally, right here.

More »
2 Comments
 
Caller To Author Ron Rash: ‘You Cared About People Like Me’
Thursday, Jan 22, 2015

An unexpected caller from South Carolina brings back guest Ron Rash’s years as a community college professor in a movingly real way.

More »
1 Comment