"The Draper family is the closest Silicon Valley has to a royal family. The progenitor, William Henry Draper Jr., created one of the first West Coast venture outfits in 1959, with the family's web sprouting more than a dozen firms in the following decades, from Sutter Hill Ventures to Draper Associates. The dynasty even has its own reality show. Adam Draper has been carving out his own name as part of the family's fourth generation."
"As Adam explains it, venture is the Drapers' trade-he even wrote a book about the lessons that his grandfather passed to him, describing VC as "the art form of our family." And more importantly, Adam has the track record to back it up, with many of the deep tech startups that he has backed reaching late stages or going public, including the $10 billion Colossal Biosciences, which claims to have brought back the dire wolf from extinction, as well as Coinbase."
The Draper family established early West Coast venture capital firms beginning with William Henry Draper Jr. in 1959 and expanded into more than a dozen firms including Sutter Hill Ventures and Draper Associates. Adam Draper, the family's fourth generation, left UCLA to start Xpert Financial before pivoting to found Boost VC, focused on pre-seed investments. Boost VC raised an $87 million fourth fund primarily financed by family offices and high-net-worth individuals, including multiple Draper relatives. Adam characterizes venture capital as the family's trade and has backed startups that achieved late-stage growth or public exits, such as Colossal Biosciences and Coinbase.
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