Tag: Tim Draper

  • Law firm Nishith Desai & VC Tim Draper launch digital nation hackathon

    Law firm Nishith Desai & VC Tim Draper launch digital nation hackathon

    MUMBAI: The geopolitical map is getting a digital makeover, and it’s not just another crypto pipe dream. Silicon Valley venture capitalist Tim Draper and legal eagle Nishith Desai have joined forces to launch the e-Tibet Hackathon—an eyebrow-raising attempt to create the world’s first truly digital nation.

    Unveiled in Bengaluru on 22 March, the initiative brings together coders, policy wonks and entrepreneurs to build what amounts to a nation-state that exists entirely in the cloud. One might call it governance without the geography.

    Throughout history, humanity has continuously tinkered with the concept of statehood. The Treaty of Westphalia in 1648 gave us sovereign nation-states with their territorial obsessions. The Bretton Woods Conference in 1944 redesigned global finance while maintaining physical borders. Now Draper and Desai are betting that 2025 will be remembered as the year nations began to exist primarily as strings of ones and zeros.

    The hackathon participants aren’t merely playing SimCity with higher stakes. They’re building blockchain-based governance systems, AI-driven legal frameworks, and smart contract public services. It’s like creating an entire government IT infrastructure, minus the government buildings and grumpy civil servants.

    “We are witnessing a fundamental reimagination of governance and national identity,” gushes Draper Startup House founder Vikram Bharti. “Just as Westphalia formalised nation-states and Bretton Woods reshaped financial systems, Draper Nation is setting a new precedent, one that will outlive us all.”

    Desai adds: “Traditionally, states are bound by geography, requiring physical land and territorial governance. But nations, built on shared values, culture, and identity, can transcend borders. This hackathon proves that digital nations can foster futuristic economic, legal, and social cohesion without physical boundaries.”

    The choice of Tibet as the prototype for this digital experiment carries obvious political overtones, though the organisers have been careful to frame it as a technological rather than a geopolitical endeavour. China, which claims Tibet as its territory, may have thoughts on a virtual alternative popping up in cyberspace.

    Whether e-Tibet will join the ranks of history-altering innovations or become another footnote in the long list of tech-utopian fantasies remains to be seen. But one thing is certain—the old adage about “no man’s land” might soon need updating to “no man’s bandwidth.”

  • Startup reality series ‘Meet the Drapers’ premiering on Sony in the US

    Startup reality series ‘Meet the Drapers’ premiering on Sony in the US

    NEW DELHI: “Meet the Drapers”, a crowdfunding-based reality series produced and directed by Sarika Batra is premiering across the United States on 19 November 2017 on Sony Entertainment Television.

    According to a Sony Pictures Networks announcement, this innovative show will be on air at 6pm ET.

    The programme shows new up-and-coming startups pitch their ideas before three generations of venture capitalists from one of the most prominent families in Silicon Valley: Bill Draper, Tim Draper, and Jesse Draper.

    Each episode will feature three exciting startups trying to convince the Drapers to invest in their company and simultaneously convince millions of viewers to fund them through their crowdfunding page on the Republic platform.

    Episodes will also feature a guest judge, who is a legendary success in his/her respective field.

    Bill Draper began his venture capital career in 1959 and is one of America’s first venture capitalists. Currently, he is Managing Director of Draper Richards LP and Draper International. He serves as the co-chairman of the Draper Richards Kaplan Foundation. Draper is also author of the book, The Startup Game: Inside the Partnership between Venture Capitalists and Entrepreneurs.

    His son Tim Draper has been named one of Worth Magazine’s 100 Most Powerful People in finance and is the founding partner of Draper Associates and DFJ. His original suggestion to use viral marketing as a method for spreading a software application from customer to customer was instrumental to the success of Hotmail, Skype and others. Tim also received the World Entrepreneurship Forum’s “Entrepreneur for the World” in 2015.

    Tim’s daughter Jesse Draper is helping female founded and led companies through her new venture capital fund Halogen Ventures. Through Halogen Ventures, Jesse spearheads early stage seed investing in female founded consumer technology startups; some of her portfolio companies include: Laurel & Wolf, Move Loot, Carbon38, BlockCypher, Beautycon & Sugarfina.

    Tim Draper said: “It is finally possible for the individual investor to participate in the funding of exciting young ventures. ‘Meet the Drapers’ allows viewers to watch us interview entrepreneurs and then, invest in companies that have the potential to change the world. We are thrilled to have created a unique show, that invites viewers to become investors in exciting new startups. We’ve been blown away by the entrepreneurs we’ve met so far, and believe viewers will be too.”

    The guest judges for “Meet the Drapers” include business executive, entrepreneur and the founder and former CEO of InfoSpace Naveen Jain; founder and former CEO of TIBCO, a multimillion-dollar real-time computing company Vivek Ranadive, and Jyoti Bansal who founded and was former CEO of AppDynamics, which he sold to Cisco for $3.7 billion.

    “South Asians are a vibrant part of the Silicon Valley startup culture,” said Jaideep Janakiram, Head of the Americas at Sony Pictures Networks. “We created this show to showcase these trailblazing entrepreneurs, VCs and angels, and to allow SET viewers to participate in their ventures.

    Pitching companies will be accepting investments via Republic – a leading equity crowdfunding platform that makes startup investing available to anyone. Republic is the easiest way to become an investor in breakout early-stage startups for as little as $10.