Bill Draper knows a successful entrepreneur when he sees one. For Draper, the clues are in the eyes: the energy, the drive, the guts that he detects simmering beneath the surface; the people who won’t take “no” for an answer. Draper’s keen eye for entrepreneurs has served him well. The firm he started in 1965, Sutter Hill Ventures, remains a top U.S. venture capital firm. Draper has also charted his own entrepreneurial path, founding Draper International, the first U.S. venture capital firm to invest in companies in India.
But like his father before him, Draper has always kept his eye on the bigger picture. So, when the White House contacted him in the early 1980s, he eagerly heeded the call to public service. Most notably, as head of the United Nations Development Programme from 1986–1994, Draper oversaw 10,000 development projects. “It was the best job I ever had,” says Draper. It was also an introduction, of sorts, not only to the world’s most pressing problems, but also to the spirited people who could solve them.
In 2002, Draper co-founded the Draper Richards Kaplan Foundation to provide venture capital to nonprofit start-ups. Supporting social entrepreneurs in any field, the foundation offers financial and other supports, including a community of peers, so they don’t have to go it alone.
Today, Draper Richards Kaplan boasts a phenomenal list of nonprofits. And when some, such as Room to Read, strike “bonanza success,” no one’s happier than Draper, who cheers on his entrepreneurs almost daily, saying, “‘Go Harry!’ And, ‘Go Tony!’ It’s a very exciting thing.”
More Remarkable GiversBill Draper's Videos
- Cause agnostic: Bill Draper lets grantees choose the direction
- Comparing for-profit and nonprofit entrepreneurs: Bill Draper says social entrepreneurs are “fully equal”
- Describing entrepreneurs: Bill Draper pinpoints how social and for-profit entrepreneurs differ
- Doing what he knows best: Bill Draper adapts his venture capital model to launch nonprofits
- Don’t be afraid of “no”: Bill Draper tells social entrepreneurs to follow their dreams
- Fill in the blanks: How Bill Draper sees the role of philanthropy
- Finding purpose at the UN: Bill Draper leaves the private sector for the “best job” he ever had
- Getting started in philanthropy: Bill Draper advises new philanthropists to start now with “small bites”
- How Bill Draper says “no” to social entrepreneurs
- Maximizing his impact: Bill Draper favors small organizations, where he believes his time and money can make the most difference
- Not so lonely at the top: Bill Draper gives social entrepreneurs a community
- People person: With an “eye for people,” Bill Draper likes selecting entrepreneurs
- Public service inspiration: Bill Draper learned from his father to focus on doing something important
- Scaling social ventures: Bill Draper says entrepreneurs need two things to grow their organizations
- Seeding a micro-loan website: Bill Draper invests in the tech-savvy founders of Kiva.org
- Supporting US veterans: Bill Draper and The Mission Continues
- Tall order: When it was time to grow, Bill Draper asked for a big commitment
- Teaching children philanthropy: How Bill Draper uses his foundation to model philanthropy for his kids
- The eyes have it: How Bill Draper selects his grantees
- The little things matter: Bill Draper backs a social entrepreneur on the basis of a sleeping bag
- When it’s time to leave a job: Bill Draper describes the one thing that has made him move on