Draper Fisher Jurvetson Explained

Draper Fisher Jurvetson
Foundation:1985
Location:Menlo Park, California, United States
Products:Investments
Assets:$5 billion

Draper Fisher Jurvetson (DFJ) is an American venture capital firm. In January 2019, DFJ Venture, the early-stage team, spun out and formed Threshold Ventures.[1] DFJ Growth continues to be managed by co-founder John Fisher and co-founders Mark Bailey, Randy Glein, and Barry Schuler.[2]

History

DFJ was founded in 1985 by Tim Draper. John Fisher became a partner in 1991 and Steve Jurvetson joined in 1994.[3] [4] [5]

In 2013, founding partner Draper announced his departure from future DFJ Venture funds, with John Fisher continuing in his role with DFJ Growth.[6] Draper announced he will continue investing out of an early stage venture fund Draper Associates V and assisting his son in running an incubator.

In November 2017, Jurvetson stepped down from his position at DFJ after allegations of sexual harassment.[7]

DFJ Growth's investments include Anaplan,[8] Coinbase,[9] Cylance,[10] Ring,[11] Sisense,[12] SpaceX,[13] Tesla,[14] Twitter, Unity,[15] and Yammer.[16]

Organization

DFJ Growth is headquartered in Menlo Park, California, and is currently investing DFJ Growth’s fourth fund of nearly $1 Billion which closed in 2021.[17] DFJ Growth partner Randy Glein has been named to the Forbes Midas List several times, most recently in 2019. He was also named one of the world’s top venture capitalists in 2016, 2017, 2018, and 2019 by the New York Times/CB Insights.[18] Barry Schuler was named to the Forbes Midas List in 2022 and 2023.[19]

Affiliates

The DFJ Network was renamed the Draper Venture Network in 2015 and isoperated by Tim Draper. [20]

Venture capital investments

External links

Notes and References

  1. Web site: Venture capital firm Draper Fisher Jurvetson changes its name to Threshold Ventures . May 13, 2014 . Axios . en . 2020-01-12.
  2. Web site: People . 2019 . DFJ Growth Venture Capital . 2020-01-12.
  3. Web site: The Investors Behind The Next Billion Dollar Startups . TrueBridge Capital . TrueBridge Capital Partners . April 15, 2015 . Forbes . en . 2020-01-12.
  4. https://www.mercurynews.com/2013/11/19/venture-firm-dfj-denies-report-that-co-founders-tim-draper-and-john-fisher-are-on-the-way-out/ Venture firm DFJ denies report that co-founders Tim Draper and John Fisher are on the way out
  5. Deborah Perry Piscione (April 2, 2013). Secrets of Silicon Valley: What Everyone Else Can Learn from the Innovation Capital of the World. Palgrave Macmillan. pp. 129–. .
  6. Web site: Exclusive: Tim Draper is leaving DFJ . November 19, 2013 . Fortune . en . 2020-01-12.
  7. News: Steve Jurvetson is out at his own venture capital firm after allegations of sexual harassment . Schleifer . Theodore . 2017-11-13 . Recode . 2020-01-12 . en.
  8. Web site: Anaplan Raises $100 Million in Series D Financing Round Led By DFJ Growth . Chowdhury . Ahmed . 2014-05-13 . Anaplan . en-US . 2020-01-12.
  9. Web site: Coinbase raises $75 million in largest-ever VC round for Bitcoin company . January 20, 2015 . Fortune . en . 2020-01-12.
  10. Web site: Cybersecurity Startup Cylance Raises $42 Million in Series C Round of Funding . July 28, 2015 . Fortune . en . 2020-01-12.
  11. Web site: Connected doorbell startup Ring raises $109 million from DFJ, Goldman Sachs, Qualcomm, others . 2017-01-25 . VentureBeat . en-US . 2020-01-12.
  12. Web site: SiSense Raises $30M More To Bring Big Data Analytics To Businesspeople . June 12, 2014 . TechCrunch . en-US . 2020-01-12.
  13. Web site: Randy Glein of DFJ Growth On Today's Crazy Late-Stage Market . December 17, 2015 . TechCrunch . en-US . 2020-01-12.
  14. Web site: Forbes Profile: Randy Glein . 2018 . Forbes.
  15. Web site: Unity raises $181M monster round at a reported $1.5B valuation . July 13, 2016 . TechCrunch . en-US . 2020-01-12.
  16. Web site: Yammer Raises $85 Million in Financing Round Led by DFJ Growth . 2012-02-29 . Microsoft 365 Blog . en-US . 2020-01-12.
  17. Web site: DFJH Growth Closes 1BN Growth Fund Hires Justin Kao as Partner . October 15, 2021 . Alt Assets . en-US . 2024-01-22.
  18. Web site: The Top 100 Venture Capital Partners & Firms . 2019-03-31 . CB Insights Research . en-US . 2020-01-12.
  19. Web site: Barry Schuler.
  20. Web site: Under Tim Draper, Draper Network Extends Reach, Eyes New Funding Model . November 19, 2015 . TechCrunch . en-US . 2020-01-12.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Draper Fisher Jurvetson".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.