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Draper Fisher Jurvetson

The boisterous venture capitalist Tim Draper will not be an investment partner for the next fund of the firm that his name headlines, Draper Fisher Jurvetson confirmed today after a Fortune scoop. DFJ said Draper will be one of the largest contributors to the new fund and will remain a member of the firm’s management committee, but will not be an investing partner as he focuses on other projects, like the entrepreneurship program that also bears his name, Draper University.

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