Draper Associates, founded in 1985, is a seed-stage venture capital firm that encourages entrepreneurs to drive their businesses to greatness, to transform industries with new technologies, and to build platforms for extraordinary growth, jobs, and wealth creation. In 2016, the firm raised a $190M fund to invest in the foremost technology companies. Draper Associates' portfolio includes Tesla, Skype, Baidu, Twitch, Cruise Automation among others. The firm's partners are Tim Draper, Billy Draper and Andy Tang.