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
Mar 27, 2015
Rescue workers work on debris of the Germanwings jet at the crash site near Seyne-les-Alpes, France, Thursday, March 26, 2015. The co-pilot of the Germanwings jet barricaded himself in the cockpit and “intentionally” rammed the plane full speed into the French Alps, ignoring the captain’s frantic pounding on the cockpit door and the screams of terror from passengers, a prosecutor said Thursday. (AP)

The co-pilot and the plane in the Alps? Ted Cruz announces 2016 bid. Heinz buys Kraft. Our weekly news roundtable goes behind the headlines.

Mar 27, 2015
Members of  a November Project 'tribe' pause during a November 2014 workout. (Brogan Graham / Instagram)

Spring training. From easy-access yoga to outdoor exercise meet-ups, exercise plans you’ll want to do.

RECENT
SHOWS
Mar 26, 2015
A child walks through a forest landscape. (Rudolf Vlček / Flickr)

American kids today spend only four to seven minutes a day playing outdoors. We hear a new call to raise the “wild child.”

 
Mar 26, 2015
In this file photo, protesters sit at the intersection of Wall St. and Broad St. in New York, Monday, Sept. 22, 2014. The protesters, many who were affiliated with Occupy Wall Street, were trying to draw attention to the connection between capitalism and environmental destruction. (AP)

In our age of hyper-inequality, historian Steve Fraser asks when the little guy stands up and says “enough.” He’s with us.

On Point Blog
On Point Blog
Mobile Payments Offer Convenience If You Keep Your Email Safe
Thursday, Mar 26, 2015

Thinking about moving your wallet to your phone? You can! And maybe you should? But TechCrunch senior writer Josh Constine has a few things to tell you before you do.

More »
Comment
 
Using Technology To Get Your Kids Outside
Thursday, Mar 26, 2015

The latest and greatest — using apps to make natural exploration more fun for your kids.

More »
Comment
 
Week In The Web: March 20, 2015
Friday, Mar 20, 2015

The emailed comments question continues to haunt us, we shake off / salute our haters and CNN Politics spends way too much time on FinalCut (in a good way!).

More »
Comment