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 
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
Share on twitter
Share on linkedin


PSEG CEO Ralph Izzo Attends COP26, Calls for Urgent Action on Climate
Izzo one of only three U.S. utility CEOs to attend historic climate conference in Glasgow (NEWARK, N.J. – Nov. 5, 2021) PSEG Chairman, President and CEO Ralph Izzo is traveling ... Read more
Internet Creations Celebrates 25 Years, Announces Rebrand to Vicasso
Internet Creations Celebrates 25 Years, Announces Rebrand to Vicasso
Company invites all to discover the art of what’s possible with Vicasso’s Salesforce solutions and services  Hamilton, NJ, October 20, 2021. Internet Creations, a Salesforce ISV and consulting partner focused ... Read more
Together with Board Members and Cross River, TechUnited launches Women & Minority Business Owners Mentorship Cohort
Cohort provides underrepresented founders & CEOs with executive mentorship, partner resources, education, & massive brand recognition. NJ — September 21, 2021— TechUnited has teamed up with its Women in Tech and Diversity ... Read more
TechUnited and PSEG announce BetterPlanet Challenge Finalists
Together with BetterPlanet program partner PSEG, TechUnited hosted its 2nd annual TechUnited:BetterPlanet Challenge Semi-Finals on Thursday, September 16th.  The Semi-Finals event, which can be viewed above, kickstarted our excitement for ... Read more
Comcast Business Announces Two-Year, $26 Million Investment to Expand High-Performance Broadband Network in Greater Philadelphia, New Jersey
Investment extends network to previously unserved businesses requiring high-capacity network services and can deliver speeds of 1 to up to 100 Gigabits per-second PHILADELPHIA – Comcast Business today announced a two-year, $26 ... Read more
Bloqcube® mentioned in the 2021 Gartner ® Hype Cycle™ for Life Science Research and Development, 2021 and Hype Cycle™ for Life Science Commercial Operations, 2021 third year in a row.
Bridgewater/Piscataway, NJ May 31, 2021– Bloqcube Inc, the Piscataway based e-clinical software company, was mentioned in two 2021 Gartner Hype Cycle reports o (available to Gartner subscribers). The report titled “Hype Cycle ... Read more