January 30, 2015 – Big changes are happening at Draper University! Andrew Tang, former managing director at ABB Technology Ventures and current managing director of the Draper Dragon Fund, is stepping in as the new CEO of Draper University. In his new role, Andy Tang and Tim Draper are expanding the scope of DU to include the entire Draper Ecosystem, which is composed of four components:
- Draper University: A seven-week program that runs four times a year, aimed at teaching students “the fundamentals of launching a startup.” Tuition is $9,500, although the company offers scholarships.
- Hero City: An incubator that includes a co-working space and storefront, directly across the street from Draper University. VC funds are also located in this space.
- VCx: A one-week, invite-only program aimed at teaching high net worth individuals “how to invest in early stage companies.”
- Executive Education: A one-week program educating executives on “the fundamentals of new ventures as a way to push innovation inside corporations.”
Read about all the changes in this Venture Beat article.
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