“Draper first began making headlines in the bitcoin ecosystem last June, when he announced that his Silicon Valley-based higher education facility, Draper University of Heroes, would become the first university to accept bitcoin for tuition payment. A third-generation venture capitalist, Tim Draper’s father, William Henry Draper III, founded Draper & Johnson Investment Company in 1962. Further, William Draper’s father, William Henry Draper Jr., founded VC firm Draper, Gaither and Anderson in 1958. Today, Draper’s son, Adam Draper, is heavily involved in the bitcoin space as a VC, and was notably an early investor in California-based bitcoin financial services provider Coinbase.”
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/