🦸 “Superhero Money” — Interview with Tim Draper: The Godfather of VC

Live from San Francisco, we sit down with Tim Draper, the venture capitalist who wrote early checks into Tesla, SpaceX, Skype, Coinbase, Twitch and more than 20 unicorns. He was the first investor to say yes to Robinhood after its founders heard 25 no's, he bet on Bitcoin when almost nobody knew what it was, and he holds a Guinness World Record for hearing 52 startup pitches in 52 minutes while sitting in a cold plunge.Tim reveals the one question he asks every founder before writing a check, why he kept betting on SpaceX after watching its rockets blow up three times, and what happened when a self-driving car he was testing swerved into oncoming traffic. Plus how he lost his first Bitcoin in the Mt. Gox collapse, the condition he put on Robinhood's founders before investing, the industries he says AI will disrupt next, and his one piece of advice for building the next billion-dollar business.0:00 - Intro: Tim Draper Live in San Francisco3:48 - Tim Draper's Guinness World Record: 52 Startup Pitches in a Cold Plunge5:40 - Meet the Drapers: Why Tim Draper Became His Own Media Company9:48 - What Tim Draper Looks for Before Writing a Venture Capital Check12:20 - Why Tim Draper Looks for Controversial Startups13:20 - How Tim Draper Backed Tesla and SpaceX Before Elon Was Elon15:35 - SpaceX Rockets Blew Up 3 Times: Why Tim Draper Kept Betting19:10 - How Tim Draper Bet on Bitcoin Before Almost Anyone23:40 - Tim Draper's Bitcoin Prediction: Inflation, Debt and the Halving26:50 - Why Tim Draper Was Robinhood's First Investor After 25 Rejections28:45 - The Industries Tim Draper Says AI Will Disrupt Next32:30 - How to Invest Like a Venture Capitalist in the Public Stock Market34:50 - Tim Draper's Case for Capitalism and Free Markets39:15 - Why Tim Draper Says Not to Fear AI Taking Your Job44:30 - Rapid Fire: Tim Draper's Favorite Brand and Stock Ticker46:10 - Takeaway: How to Build a Billion-Dollar BusinessNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

LIVE from the Palace of Fine Arts in San Francisco…The Gap just adopted a teenage boy band that toured summer camps… don’t rent a star, raise one.GrandmaSlop is the most contentious AI in America… Boomers use AI least but love it most.PE rolled up pool installers, then the cleaners… It’s SaaS: Swimming-as-a-Service.Plus, San Francisco has 489 billboards… and half of them sell AI.$GPS $POOL $SFNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

Apple Music Hall has 16 cameras and 600 seats… it’s built for live concert… recordings.A16z’s new alt-college in San Francisco is for future tech founders… It’s Dropout University.Meta new AI app is #1 in all the app stores… But Amazon just canceled them.Plus, should you bring an Iced Coffee into a job interview?$AAPL $META $SBUXGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

One NYC bakery is selling only 1 thing: $60 rye bread… but it’s actually a surprise chain.GM pivoted from cars to weapons… and it’s bringing back Apple Car Play.The Gods of AI are hosting a dinner in DC with 2 presidents… we have 3 regulation ideas.Plus, the number of men taking pilates has doubled in 5 years… and so have the complaints.$GM $NVDA $METAGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

On Running ended Kylian Mbappe’s endorsement deal with Nike… but the stock fell.OpenAI emails show their “Original AI Sin”... But they might get win anyway, because China.Burgers are getting taller and smaller at the same time… and the trend explains this economy.Silicon Valley 20-somethings are smoking cigarettes? $ON $NKE $NYTGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

Grab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

You read that right: The first podcast we’re aware of recorded inside a nuclear reactor.Yetis, the team at Oklo are fans of the show - And they paid to fly us down to Texas to visit their Nuclear Reactor and sponsor this episode. We sat down with their co-founder and CEO Jake DeWitte literally feet from a silo with splitting atoms so we could explore this wild new technology. And we interviewed Jake just like we would any CEO.Because they’re building the most unique nuclear reactor in history: It’s tiny, tidy, and sexy. This next-gen nuclear power company runs on recycled fuel, it fits beside a data center, and it’s designed to look like a luxurious ski chalet.Oklo was invested in early by Sam Altman (who became the Chairman) and is one of the few publicly-traded nuclear brands. And we say “brand” because they’re building a lifestyle brand - The Lululemon of Nuclear. Their vision is handful of nuclear company towns, where you work, live, eat, date, and play, all powered by a safe local nuclear reactor. And in addition to carbon-free electricity running on recycled uranium, they (no big deal) generate isotopes that can cure cancer.Jake will tell us how they pulled off a nuclear breakthrough worthy of a 2nd Oppenheimer movie. And why the financials of a pre-revenue company justify the $8B valuation Wall Street’s given it. Plus, you’ll discover why a reactor glows blue, why he'd drink the water, and the one thing he disagrees with Sam Altman about.$OKLOJack’s grad school essay on nuclear: More Nuclear Power NowYetis and Besties, this one's a field trip.CHAPTERS Hosted on Acast. See acast.com/privacy for more information.

The world’s biggest beer fest may actually be an illegal cartel… Even a Prince can’t get in.Kevin Warsh of the Fed just raised interest rates… for the 1st time since 2023.We just got College Football team payrolls… as freshman trade dormrooms for mansions.Plus, we just recorded the first ever podcast inside a nuclear reactor (no joke, no spoilers).$BUD $SPY $OKLOTBOY & Adobe dive into Gap's latest earnings report:You can find the custom PDF Space we used here: https://acrobat.adobe.com/link/spaces/urn%3Aaaid%3Asc%3AUS%3A7adc8b0a-a529-4fe2-9bf3-e09f4a90a8de/artifacts/urn%3Aaaid%3Asc%3AUS%3A43dc7ddc-27fa-505b-ac8e-b69504e545c7For more on Adobe's sweet research tools, check out more here: https://www.adobe.com/acrobat/campaign/do-that-with-acrobat.htmlGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

The world’s biggest beer fest may actually be an illegal cartel… Even a Prince can’t get in.Kevin Warsh of the Fed just raised interest rates… for the 1st time since 2023.We just got College Football team payrolls… as freshman trade dormrooms for mansions.Plus, we just recorded the first ever podcast inside a nuclear reactor (no joke, no spoilers).$BUD $SPY $OKLOTBOY & Adobe dive into Gap's latest earnings report:You can find the custom PDF Space we used here: https://acrobat.adobe.com/link/spaces/urn%3Aaaid%3Asc%3AUS%3A7adc8b0a-a529-4fe2-9bf3-e09f4a90a8de/artifacts/urn%3Aaaid%3Asc%3AUS%3A43dc7ddc-27fa-505b-ac8e-b69504e545c7For more on Adobe's sweet research tools, check out more here: https://www.adobe.com/acrobat/campaign/do-that-with-acrobat.htmlGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

What do Driscoll Blueberries, farmers, & undercover Chinese spies have in common?... China and America’s Situationship.Trump, Jensen, and the All-In oppose AI regulation… so we give that argument some airtime.Red Rock Resorts gifted its employees free stock… right after it lost in the Supreme court.And France is waiving its rules on max alcohol allowed in champagne… just this once.$RRR $NVDA $LVMUYGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today’s top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.