Today we are excited to share a short article about someone in crypto industry! 🚀 He inspires Noozzle Team in a similar way as Mike Novogratz, who we have written about previously, Tim Draper!💯
For those of you who are not familiar with Tim, he is the son of legendary Wall Street Investor Bill Draper and one of the most entrepreneurial individuals out there. An alumnus of both Harvard and Stanford, Tim has started Draper University where he remains as ‘Headmaster’ as he continues to look for sound investments as a Venture Capitalist. He first entered the crypto arena and garnered headlines when he purchased almost 30,000 bitcoins from the US Marshals Service which were seized from the Silk Road and auctioned off. Since then, Tim has been one of the best mascots out there stating “bitcoin is 10 generations ahead of gold”
What we think makes Tim so unique is his transition from more traditional investments such as stocks, bonds, or investments in young companies. After all, Tim doesn’t exactly fit the mold for a typical crypto investor, and at 60 years of age, few of us know a more prominent bull in his age range. What remains a constant is his ability to recognize novel ideas and put large amounts of capital behind them. Tim’s father Bill is no different, owning 10% of Skype when it sold publicly for $4.1 billion in 2005 of which Tim was a part. 🤑
Apart from their legacy of investments, the Drapers are outspoken individuals. Tim spent $20 million of his own capital to push a school initiative in California to support a school voucher system. Also, in 2014 Tim backed an initiative to split California into 6 separate states as it was cited as being “increasingly ungovernable” as one state. Whether you respect the specific measures Tim fights for is one thing, but one must respect that he fights for what he sees to be right.
⛓The reason we at Noozzle like people like Tim so much is that he breaks the mold. While being very well spoken, he isn’t afraid to share his opinion on most matters. He is a bitcoin bull that also isn’t a maximalist- having invested large sums of money in alt currency projects like Tezos and others. People like Tim are also more likely to convince other more traditional investors into the space, and that’s an important step towards main stream adoption. We are all looking forward to main stream adoption and a new world of currency that is controlled by the people. And for that, we are thankful to have Tim on our side. Go Tim!🥂
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