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Tim Draper’s ‘odd’ rules for investing in success By Cointelegraph



Tim Draper’s ‘odd’ rules for investing in success

Its true, Tim Draper has picked losers. He tells me this even before I ask him. The VC legend who backed Hotmail, Tesla (NASDAQ:), SpaceX, Coinbase (NASDAQ:), Ledger and many other successful companies readily coughs up that he has invested in lemons. Some, he says, have totally gone out of business, but others just didnt give him the money back.

By the same token, there are winners that make us a couple of times on the money and then some that give 1000x the investment, he tells Magazine during a rare in-person appearance at Web Summit in Lisbon, Portugal in early November.

Golden rules

Draper with man’s best friend and swimming trunks. (Source: Instagram)

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Tim Draper on stage at Web Summit. (Source: Barrage, Twitter (NYSE:))

Bitcoin converting the world

Tim Draper is a popular speaker at crypto conferences worldwide, though more often than not he attends via video.

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Generally enthusiastic

Draper University runs a Hero Training program and a survival course to teach start up founders how to endure adversity.

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Shanghai Man: VeChain still popular in China, crypto media shutdown and OKEx goes global

Meet Dmitry: Co-founder of Ethereum’s creator Vitalik Buterin

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Crypto kids fight Facebook for the soul of the Metaverse

Continue Reading on Coin Telegraph

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