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The Times Tech Podcast

Five Questions with... Tim Draper

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9654 Ratings

🗓️ 30 November 2018

⏱️ 50 minutes

🧾️ Download transcript

Summary

The Sunday Times' tech correspondent Danny Fortson brings on Tim Draper, co-founder of Draper Fisher Jurvetson, to answer five big questions. Question 1: Why does he hold $140m in bitcoin? (3:05), Question 2: Why he wants to split up California (12:40), Question 3: Why does he still believe in Theranos founder Elizabeth Holmes (25:1), Question 4: What was his worst miss, biggest hit and weirdest pitch? (30:40), Question 5: Is money ruining Silicon Valley? (44:25).

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Transcript

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0:00.0

Yo!

0:01.0

Technology.

0:02.0

What is it all about?

0:04.0

The idea of starting a car company when Delorean had been his spectacular failure and

0:12.0

it cost hundreds of millions of dollars to get one started, the idea that we were going to actually

0:18.0

start a car company was totally ludicrous.

0:28.0

Hello and welcome to Danny in the Valley, your weekly dispatch from deep inside the Silicon Valley Future Machine.

0:33.4

Thank you for tuning in and downloading, or however it is that you're listening.

0:37.9

And of course, also thank you ahead of time for taking a moment right now to stop,

0:43.4

give a rating and review to the podcast.

0:45.4

As I always say, every little helps.

0:47.8

This week, we have a very good one for you.

0:50.8

Tim Draper is with us.

0:52.9

And Tim is one of the most prominent venture capitalists

0:56.0

in Silicon Valley. His firm Draper Fisher Jervitsen backed some of the biggest ever successes

1:02.4

in the industry from Tesla and Hotmail to Skype and loads of others. He also backed Theranos,

1:10.3

the gigantic bloodthening fraud, which we also talk

1:14.4

about. So, and I think what you'll, you'll find his take on that company. Surprising.

1:21.4

Anyhow, he's a very big personality, and his venture capital firm reflects that. So just to give

1:26.1

you a bit of a sense before we get into the interview,

1:28.5

if you were to walk into Draper Fisher's headquarters,

1:32.5

what you would find at the front desk is not a front desk,

...

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