• About
  • Membership
  • Experiences
  • Fund
  • Resources
  • Magazine
Menu
  • About
  • Membership
  • Experiences
  • Fund
  • Resources
  • Magazine
  • Login
  • Become a Member
  • About
  • Membership
  • Experiences
  • Fund
  • Resources
  • Magazine
Menu
  • About
  • Membership
  • Experiences
  • Fund
  • Resources
  • Magazine

Catching the Eye of Investors

April 27 NTJC Elevate Series Webinar with Tim Draper, Founder of Draper Associates
The NJTC community had the pleasure of sitting down and interviewing Tim Draper, Founder of Draper Associates. Tim is a well-known American venture capital investor who loves entrepreneurs with bold, industry-transforming ideas. 
Some of his most prominent investments include Hotmail, Skype, Tesla, SpaceX, Ring, Twitter, DocuSign, Robinhood and Ancestry.com. 
Tim Draper helps entrepreneurs drive their visions through funding and education and shared with the NTJC community how to catch the eye of investors. 

Catching Eyes

The pandemic has changed the outlook for investors as tectonic shifts are being made in the markets. As an investor, Tim isn’t making any bets in certain industries such as travel, transportation and hospitality. 
As of late-April, Tim predicts the market will shape as a long “L” and will need three years to ensure Draper Associates can support the companies they’re already backing.
Although there have been shifts in the markets, Draper Associates still looks for the same fundamentals for companies they invest in. 
Draper Associates is looking to invest in companies that if successful, will have a huge impact on the world. An entrepreneur will catch Tim’s eye and his investment if they’re creating a whole new field.

The Culture of Failing

The sixth line of Tim Draper’s Draper University pledge is “I will fail and fail again until I succeed.” It’s the foundation of his entrepreneurial training program and one of the main ideas in his book “How to be the Startup Hero”. 
But why is failing so important?
An entrepreneur must be willing to take chances and be unafraid to fail. To try and try again in order to be successful. Because Tim instilled this culture of failing into his students at Draper University, they have gone on to create wildly successful businesses and patents all over the world.

Pitch Perfect

An entrepreneur has 90 seconds to catch the attention of an investor, so how do they win a meeting? As a venture capitalist, Tim encourages entrepreneurs to email him their business plan.
Don’t send your life story to an investor, get straight to the point from the very first line.
Ensure your pitch deck includes what you’re doing, why it’s important, how big the market is and how you’re going to make money.
When you win a meeting, practice the pitch and make sure you get along with your co-founders. Investors want to see, hear and feel the passion you have for your ideas and want to know you’ll persevere until the end. 
Tim shares if your idea or business plan isn’t what you were meant to do in your life, do something else. Find what matters to you.

Watch The Full Webinar Presentation: 

 

 
NJTC has compiled useful links and past videos/webinars to utilize as resources to help your organization during COVID-19.  Safety measures, best practices and more on our COVID-19 resource page are available here.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
PrevPreviousFinding Opportunity in the Face of Adversity
NextHello world!Next

Recent Tweets

TechUnited:NJ 17 hours ago

RT @ROINJNews: The BetterPlanet Challenge, run by @WeAreTechUnited: New Jersey and sponsored by @PSEGNews, was announced Thursday during an…

Read More
TechUnited:NJ 19 hours ago

"All you have to do is keep looking up." @neiltyson helped us celebrate #EarthDay2021 as we kicked off the 2021 $50K @WeAreTechUnited:#BetterPlanet Challenge with @PSEGNews. Apply now at .

Read More
TechUnited:NJ 19 hours ago

"The first #EarthDay was 1970. Have you ever asked why wasn't it earlier than that? Earth was no less important. So what's going on?" @neiltyson helps us understand the important of Earth Day, and the @WeAreTechUnited:#BetterPlanet Challenge @PSEGNews https://t.co/uUuEFXxIs7

Read More

Recent Post

TECHUNITED:NJ AND PSEG DOUBLE DOWN ON CREATING A #BETTERPLANET AND LAUNCH THE SECOND ANNUAL TECHUNITED:BETTERPLANET CHALLENGE.

04/22/2021 No Comments

EARTH DAY EVENT WITH BLACKROCK, GOVERNOR MURPHY, NEIL DEGRASSE TYSON, PSEG CEO TO PROMOTE EQUITABLE ELECTRIFIED TRANSPORTATION SOLUTIONS. The winner of this startup challenge will

Read More »

EverythingBenefits Celebrates 6 Years of Growth and Innovation in the Benefits Space

03/17/2021 No Comments

NEW PROVIDENCE, N.J. (PRWEB) MARCH 11, 2021 Marking its sixth year of driving leadership in comprehensive, next-generation benefits automation technology solutions, this week EverythingBenefits celebrates several

Read More »

EverythingBenefits Releases Annual Top 20 Carriers List

03/02/2021 No Comments

NEW PROVIDENCE, N.J. (PRWEB) FEBRUARY 25, 2021 EverythingBenefits, the provider of comprehensive, next-generation benefits automation technology solutions, today announced its annual list of top-tier benefits providers.

Read More »

Related Articles

TechUnited News
TechUnited News

TECHUNITED:NJ AND PSEG DOUBLE DOWN ON CREATING A #BETTERPLANET AND LAUNCH THE SECOND ANNUAL TECHUNITED:BETTERPLANET CHALLENGE.

EARTH DAY EVENT WITH BLACKROCK, GOVERNOR MURPHY, NEIL DEGRASSE TYSON, PSEG CEO TO PROMOTE...
View details
News TechUnited
News TechUnited

EverythingBenefits Celebrates 6 Years of Growth and Innovation in the Benefits Space

NEW PROVIDENCE, N.J. (PRWEB) MARCH 11, 2021 Marking its sixth year of driving leadership in...
View details
Uncategorized
Uncategorized

EverythingBenefits Releases Annual Top 20 Carriers List

NEW PROVIDENCE, N.J. (PRWEB) FEBRUARY 25, 2021 EverythingBenefits, the provider of comprehensive, next-generation benefits automation...
View details
TechUnited NJ logo

proudly based in New Jersey
732.456.5700

Contact Us
  • About
  • Membership
  • The Fund
  • Resources
    • NJPRF
  • Magazine
  • Careers
  • Mentorship
  • Sponsors
  • Alliances
Subscribe to stay informed of announcements, events, and special offers from TechUnited:NJ.
Twitter
Facebook
Linkedin
Instagram
© 2021 NJ Technology Council / TechUnited, a NJ Non-Profit Organization. All rights reserved.
  • Privacy Policy
  • Terms & Conditions