Tim Draper Admits ‘Ouch’ Moment After Passing on Coinbase — His Son Saw a Crypto Fortune in the Making
July 16, 2026
Tim Draper says he passed on Coinbase after underestimating how quickly retail crypto adoption would arrive, but his son invested early and helped turn a rejected opportunity into one of the venture capitalist’s biggest wins.
Key Takeaways
Tim Draper passed on Coinbase after questioning how quickly retail crypto adoption would accelerate.
Adam Draper backed Brian Armstrong before Coinbase…