“William H. Draper, III started his career in venture capital with Draper Gaither & Anderson, the first venture capital firm west of the Mississippi, working there with his father from its creation in 1958 until he left to cofound Draper & Johnson Investment Co. in 1962. Three years later, Draper & Johnson merged with Sutter Hill Ventures to great success. From 1981-1986, Draper served as President and Chairman of the […]
Ben Horowitz is a co-founder of the venture capital firm Andreessen Horowitz. Prior to being a venture capitalist, he co-founded Loudcloud, a managed services provider which became Opsware, a data center automation software provider. He is the author of The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers. Horowitz earned a BA in Computer Science from Columbia University in 1988 and a MS in […]
Warren Buffett’s view on risk is the right response to the data contained in the post by Robert Wiltbank on Angel investing returns. In an essay in which he discusses risk, Buffett advises: “… If significant risk exists in a single transaction, overall risk should be reduced by making that purchase one of many mutually-independent commitments. Thus, you may consciously purchase a risky investment – one that indeed has a […]