Draper Associates Raises $190M For New Fund
Tim Draper, founder of Draper Fisher Jurvetson, said Monday that he has created a new, venture capital fund under the brand Draper Associates, to invest in early stage investments. The new firm--which had previously been Draper's personal investment fund--has raised $190M in a fund, which Draper says includes outside investors for the first time. The new fund will be managed by Tim Draper, his son, Billy Draper, and Andy Tang.
posted on Tuesday, April 12, 2016
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