On the Draper University Entrepreneurship Program. How our young entrepreneurs launch their startup.
Draper University is proud to announce we are now casting for our upcoming TV show. We've partnered with Ugly Brother Studios for a TV show that will follow selected students as they build and launch their startup in Silicon Valley. Together, we are seeking young entrepreneurs with brilliant business ideas who would like to enter the Spring Residential Program and be featured on the series! Selected students will be followed as they enter the hands-on curriculum of the Draper University program and apply their new knowledge, network and skills to their startup businesses.
Hear what Tim Draper, Founder of Draper University has to say about the show:
Draper University alumni have started more than 60 companies, raising over $7.4 million in capital. Some left to join other start-ups or large companies including Tesla and Google.
To be considered, please send the following information to: firstname.lastname@example.org Name: Age: Contact Information: Brief Bio: Tell us why you would be a great candidate & Please attach a current photo of yourself
We’ve partnered with YouNoodle, a global startup competition platform and network of over 50,000 startups, and their virtual demo day series, YouNoodle Live, to bring you YouNoodle Live With Tim Draper on Tuesday December 9th at 9AM (PST). The event will shine the spotlight on eight of the most promising student entrepreneurs from around the world as they pitch for Tim Draper’s feedback and global exposure. As an active advocate for entrepreneurs around the world, Tim is excited to be part of YouNoodle Live. “We are constantly recruiting young founders for Draper University and are proud to have one of the best networks for innovators looking to launch their ideas into the marketplace,” said Tim. “This is a great opportunity for us to see what is out there in terms of new and unique ideas.”
Pitching students belong to YouNoodle 1K – the top 1,000 entrepreneurs and ideas selected from over 28,000 startups coming through more than 400 YouNoodle-driven startup competitions worldwide in the past 12 months. And, with only the highest standard of applicants presenting, you will be sure to catch some pretty inspiring pitches!
Draper University is proud to support YouNoodle’s mission to level the global playing field for startups so that they may access opportunities no matter where they are located. The virtual and cost-free nature of YouNoodle Live does just that. See the pitch-off go down by registering free at www.younoodle.com/live
November 26, 2014 – Check out this great piece on Draper University out of Taiwan - personal interviews with DU alumni Hua Zhao and Ryan Moon from the Fall 2014 Class and another awesome interview with Tim Draper!
San Mateo, CA – Sept 3, 2014 – Draper University entrepreneurship program graduates are making waves in startup communities across the globe. Launched in 2012 in Silicon Valley by successful venture capitalist Tim Draper, Draper University runs startup training programs for entrepreneurs from all over the world. Students learn to think differently and are encouraged to start businesses that will change the world. Recent graduates from the entrepreneurial program include female racecar driver Collete Davis, who graduated from the Spring 2013 cohort. Collete, a Formula 1 racecar driver and STEM education ambassador recently co-founded TechDrive online magazine with Bravo! TV Silicon Valley cast member Hermione Way and was recently featured on the cover of FSHN magazine.
Other Draper University alumni include Mu-Chi Sing and Colin Heilbut, both from the Winter 2014 cohort, who successfully crowdfunded over $200,000.00 for Bistro, the smart feeder that recognizes your cat’s face. Bistro is the world’s smartest feeder that can track appetite and weight change using an innovative cat facial recognition technology.
More innovative graduates, all from the Summer 2013 cohort, include the founders of two wearable technology startups. James Kernan founded the startup Q Designs and launched the Q Bracelet, an innovative stylish bracelet that charges your smartphone. Brian Friedman and Allen Houng founded the startup Loopd, a platform that streamlines interaction between business professionals.
In the social entrepreneurship sector, alumnae Lizzie Faust and Kendra Wilkins are supporting malnourished children in Haiti with sales of their all-natural peanut butter through their startup Peanuts4Peanuts.
Innovative marketer Kerstin Karu of the spring 2013 cohort launched Blast Buzz to help brands connect with people to co-create and amplify word-of-mouth buzz across social media. Kerstin was recently featured on VentureBeat speaking on the future of marketing.
Other notable alums include Apurv Mishra, a developer and engineer who is launching TAP, an app that will be the fastest, simplest messaging application. Users simply “tap” their smartphone to send a notification. In the gamification sector, alum Alex Chen is changing the landscape by creating TestLegends, a tool for educators to make test preparation more fun and engaging. Disrupting the moving sector in India is Mithun Srivasta, who launched Blowhorn, the Uber of home delivery, in order to bring easy delivery into homes across India.
Draper University is now taking applications for its Winter 2015 cohort, which runs from January 25 to March 13, 2015. Apply online at http://www.localhost/sites/html
San Mateo, CA – July 2, 2014 – Draper University, a top entrepreneurship program, is proud to announce that for 6 weeks this summer, 39 young entrepreneurs from 17 different countries will converge on the Draper University campus in the heart of Silicon Valley for an intensive, experiential program focused on entrepreneurship, building real-world skills, and “learning by doing.” The highly selective school, currently running its sixth cohort, continues to refresh its curriculum to include cutting edge speakers and unconventional learning methods. “We prepare people for an interesting and purposeful life. We look for those 18-28 year olds who have a passion to change the world for the better. Students who enter the program will build a lifelong network of friends from around the world, will be exposed to the full Silicon Valley experience, will move their vision forward, and will never be the same,” said Tim Draper, founder of Draper University and co-founder of Draper Fisher Jurvetson Venture Fund.
The students will be immersed in an unparalleled environment focused on creating a new kind of game-changing, young entrepreneur. They will learn from Silicon Valley all-stars like Bill Draper, Heidi Roizen, Reid Dennis, Naveen Jain, Josh Buckley, and Dave McClure, and will build a lifelong network of peers, advisors, and mentors. At the end of the immersive startup bootcamp, Draper University students will participate in a business plan competition where students have the opportunity to pitch to a panel of investors and obtain funding for their business.
The accomplished summer cohort, of which 36% are female and 60% are international, includes someone who founded a company that uses kinect touchless technology to help surgeons during complex operations, someone who speaks five languages, a Miss World Malaysia pageant participant, a designer of components for SpaceX’s Falcon Heavy rocket, the founder of the Stanford Quidditch team, and several published authors.
Former Draper University students are out changing the world – they have started over 60 companies, raised over $6.4 million in capital, are working at large companies including Tesla and Google, as well as at startups, and attending business school at Harvard and Stanford.
Draper University is now accepting applications for its Fall 2014 Residential and Online programs. Application deadlines are at http://www.localhost/sites/html/apply. Draper University is offering over $35k in scholarships for its Residential Program in entrepreneurship, and is the first school to accept Bitcoin for tuition payment. For the first time, Draper University Online, an innovative online entrepreneurship program where students learn all the skills they need to be an entrepreneur and get to pitch their business idea for the chance to win up to a $5k investment, is offering to refund half of the tuition back to students who complete all of the coursework.
Student Post – July 3, 2013 – A few months ago, I didn’t know anything about the Draper family. After I applied to Draper University, I started to figure them out. I knew DU was a crazy and innovative school for entrepreneurs, but I never imagined how much work and history was behind it. Tim Draper has been empowering entrepreneurs in every stage of his life and Draper University students are the latest ones. When I started to read and to ask about Tim Draper (founder of Draper University and Draper Fisher Jurvetson), I realized that I was very lucky. I knew that for 6 weeks I was going to be surrounded by the visionary who first invested in Hotmail and Skype and who indeed has an amazing family and values.
While reading Bill Draper’s book "The Startup Game" I saw how Tim’s dad's life related to me and where I am in my life. Bill Draper is not only a prominent Venture Capitalist; he has also been behind amazing strategies and plans. He has worked in public service, at the United Nations Development Programme, and has supported many social entrepreneurs.
Bill came to our school this week and when we asked him about characteristics that entrepreneurs should have, he answered:
• Drive • Courage • Energy • Brain Power • Creativity
We wanted to know in what kind of person he would invest in and he answered that the kind of person that had a sleeping bag in his office. A person that is energetic, hardworking, and exudes confidence. When I asked Bill for advice on how to create entrepreneurship ecosystems, he told me that we needed a strong relationship between academia, business people, and industry. He said that a new Silicon Valley can grow wherever there is a good technical university.
"There wouldn’t be a Silicon Valley without a Stanford," said Bill.
Bill Draper is a perfect example that shows us that by doing business we can change many lives and confirms us that entrepreneurship will enhance the development of our countries and our life. At the end, Bill Draper gave us some tips on how to pitch to VCs, and to close his talk he told us that he has had a lucky life.
~ Guest post by Maria Fernanda Gandara Gil who is from Mexico and was part of DU's Summer 2013 Class.
Student Post – June 20, 2013 – We had some absolutely amazing guest speakers come into Draper University during the Spring 2013 Class, they were all hugely inspiring and it was such a privilege to sit in beanbags and listen to them. In this blog post I'm going to run though five of my favorite guest speakers.
1. Bill Draper
Bill was one of the first venture capitalists in Silicon Valley, and with this comes some great stories! Bill was fantastically captivating when talking about some of his investments and his time in the US government working for Ronald Reagan.
2. Naveen Jain
Naveen is a serial entrepreneur with a special interest in science and technology. Naveen has a first rate mind and can tell you about anything science related. He also has the best business card I've ever seen!
3. David Chen & Teng Bao
David and Teng are co-founders of YC backed Strikingly, they make it really easy to build mobile optimized websites with no coding required. They sat down with us for an informal fireside chat about their story and how they got started. They were incredibly funny and very open about the struggles of running your own startup.
4. Jamis MacNiven
Jamis is the owner of Buck's of Woodside, a small restaurant famous for hosting VC's and entrepreneurs. Some of history's biggest VC deals were done at tables in Buck's. Jamis came in to talk about why Silicon Valley is the best place to be and start your business.
5. Mike Cassidy
Mike is a serial entrepreneur with a number of successful exits and is currently a director at Google X. Mike came in to tell us about his startup philosophy of SPEED. He told us about a story when he pitched DFJ at 8:15am and demanded a term sheet by 4:30pm.
~ Guest post by Alex Nguyen who is from the UK and was part of DU's Spring 2013 Class.
San 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.
Innovation 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 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.
April 17, 2013 – Draper University kicked off its Spring 2013 Class this week with a bang. Students from all over the world are joining us from Egypt, Lebanon, China, and Estonia, and they're all part of the revolution Draper University has started. The goal is simple – teach our students a methodology that will last them the rest of their lives and they will go on to change the way the entrepreneurial game is played.
Why are these young entrepreneurs going to change the world? Technology disruption comes from people or companies who are new to the market. They're not afraid to challenge the status quo; great examples are Intel, Microsoft, Apple, and Facebook. The concept of entrepreneurship is now so common, it's being taught as early as elementary school. Colleges and universities are considered behind the game if they don't offer a program in entrepreneurship.
That's just the beginning – entrepreneurship will continue to happen at earlier ages, which is evideced by the unprecedented number of college sponsored business plan competitions, university incubators, and openness of colleges granting time off for company formation. Stanford continues to spin off great companies at a record and accelerating pace, some critics even question if it is still a university. Make no mistake about it, other schools are already following suit.
Draper University is set up to serve young entrepreneurs achieving their dreams and our students are already changing the world. Welcome, and enjoy the ride!