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Tim Draper
Tim Draper|Nov 03, 2025 17:02
Grateful to @thebenbergman and @BusinessInsider for the feature this week. Let me cut through the headline about @OpenAI being the "AOL of AI." Here's what I actually meant: OpenAI is fantastic. I should've invested early (weird structure scared me off… lesson learned). But just like @AOL → @Yahoo → @Google, we're still in the early innings of who wins AI. We're at the top of the hype cycle right now. It'll dip. People will panic. Then it explodes upward and becomes bigger than anyone imagined. Same pattern every time: - "I'm not putting my credit card on @Amazon" → Can't live without it - Dotcom bubble → Internet changed everything - Crypto skeptics → @Bitcoin at 100K+ The question everyone asks: Will AI replace my job? Well in VC, the answer is, “not yet,” but we are pushing to make it happen at Draper. AI can analyze history, competition, and financials. But there's an X-factor to every entrepreneur that AI can't evaluate. When someone's doing something AI has never seen before? That takes human curiosity. The second question. The third. The fourth. Digging in to see if it's really promising. I can still outperform any AI in investing, but not for long. I am hoping to keep innovating until AI can do my job. Venture capital is a moral mission. When people feel like they can start businesses and disrupt the old establishment, they create a better world.(Tim Draper)
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Timeline

Nov 30, 11:27Seven large transactions in the third quarter accounted for nearly half of the total crypto investment amount.
Nov 25, 22:43Robinhood launches a brand-new futures and derivatives exchange
Nov 25, 06:24Q3 total venture capital investment in the crypto industry reached $4.65 billion.
Nov 06, 16:05Less than 24 hours left in the countdown for the Tria community round.
Nov 06, 13:04Invested in BOB through @BanklessVC
Oct 21, 13:18HighVista Strategies' fund raised $270 million.
Oct 19, 08:14VC is running out, but industry innovation continues.
Oct 15, 16:18Meeting with the founder and CEO of an Indian unicorn company
Oct 14, 12:25The United States needs to accelerate regulatory clarity and investment in digital asset innovation.
Oct 14, 11:55BlackRock Explores Tokenization of Long-Term Investment Products

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