Admissions

My Draper University Experience: 3 Reasons Why You Should Apply

draper universityStudent Post – February 17, 2015 – Goodbyes have always been easy for me. I remember being shipped off to military boarding school when I was 9. The other rugrats — innocent, skinny, petite — just like me, would cry endlessly as the slow, sinking feeling of nostalgia gradually crept up their skin until it wrapped itself around their neck, choking them on their own tears. I never understood it. For me it was always quite simple. Why? It didn’t really matter where I went, it never quite felt like home, so I never had a reason to look back. From Minneapolis to Johannesburg, I’d pinky-promise to stay in touch but it would only take a few hours for the memories to start to evaporate.

It was not until this past summer that I fell prey to the very emotions that I often smirked at. After just 6 weeks in San Mateo, I met a roller coaster of emotions as I left Draper University because this time I didn’t have to look back: I knew that great "DU" would be in my future, as much as it is in my present and past.

3 Important Reasons Why You Should Apply to Draper University

1. The people. They don’t care much for GPAs, MBAs or fancy resumes. In fact, the application only asks spooky CIA-type questions to assess your "way of thinking." This way, they’re able to assemble a class of witty, passionate entrepreneurs from almost all continents — each one unique, yet able to identify with the family. It’s like "Xavier’s School for Mutants" for entrepreneurs.

2. The philosophy. It’s not a conference or a bootcamp, and more importantly: it’s not about startups or funding. This is a big deal, considering that this is all your hear, everywhere you go. Draper University is entirely built on crafting a mindset of "heroism" — the enviable task of saving the world from itself, by being a better "you." DU’s true iridescence is more palpable in how the program underplays the "company" and "funding" aspects to focus more on the person.

3. Tim Draper. Fearless. Unpredictable. Boss. The experience wouldn’t be the same without him. Tim was always available to lead the pack. I watched him lead the class through a canyon filled with poison ivy at night. He once gave me bonus points for disagreeing with someone too rigidly. Just when you start to get comfortable, you can count on Tim to change the rules of the game. Clearly he’s nuts, but his daredevil personality has made him a success-magnet.

startup lifeAn evening meditation session with fellow heroes

"Dreams are lovely. But they are just dreams. Fleeting, ephemeral, pretty." -Shonda Rhimes

They don’t come true just because you dream them, so take a bold step today for an adventure of a lifetime. So you think, "I wish I could attend." Great. Apply, get in, pack your things and go. Don’t wait for the perfect time; it may never come. If you already have a startup, then you’ll only get more busy. It’s okay if you don’t have a startup or a product or even know what your passion is just yet. Here’s your magical opportunity, so take it.

~ Guest post by Adé O. who is from Maryland and was part of DU’s Summer 2014 Class.

Draper University is First Educational Institution to Accept Tuition in Bitcoin

BitcoinSan Mateo, CA – June 11, 2013 – Draper University, a cutting edge boarding school for young entrepreneurs from all over the world, received its first tuition payment in Bitcoin for its summer session which starts June 24. Draper University, known for its innovative approach to education, accepts various forms of tuition payments including bartering for services, and now will also accept Bitcoin for tuition payments.

What is Bitcoin?

Bitcoin is the first decentralized electronic currency not controlled by a single organization or government. It’s a virtual form of currency that can be used to make payments over the Internet without transaction fees or involving a financial institution. It is used by people all over the world who are trading hundreds of thousands of dollars worth of Bitcoin every day with no middle man and no credit card companies.

“Some of the most forward looking entrepreneurs are active Bitcoin traders. At Draper University of Heroes, we accept Bitcoin payment of tuition because it is a promising currency with appreciating value. For the time being, we still accept dollars too” said Tim Draper, founder and managing director at Draper Fisher Jurvetson and founder of Draper University.

the bitcoin courseInnovation at Draper University

Accepting Bitcoin is just another illustration of how Draper University is following the same innovative model it teaches. Students are taught to think differently and disrupt the standard and accepted ways of practicing business. Bitcoin currency is a great example of new technology being used to disrupt the standard approach to currency and payment systems. Other ways students have bartered for tuition include NFL training by a former NFL player and placement of the Draper University logo on a racecar by a female racecar driver.

The university, located in downtown San Mateo, offers an innovative program designed to inspire, cultivate, and educate students who dream to build companies that change the world around them. Draper University offers four sessions a year and is intended for young entrepreneurs between the ages of 18 to 26.

Hero-City

Hero City Co-Working Space

Further attracting entrepreneurs and promoting their success, the Draper University campus includes Hero City a three-story entrepreneurial center across the street (anticipated open Fall 2013). Hero City, a co-working space open to Draper University students and non-affiliated entrepreneurs, startups and incubators, promotes innovation, collaboration and community with its peer-to-peer work environment. Hero City will also offer pop-up retail spaces that can be rented on a short-term basis, and a theater/speakers forum for events. Hero City will also accept Bitcoin for payment.

These two entities combined create a powerful entrepreneurial ecosystem to serve the innovators and disrupters of the next generation of startups.