Tim Draper: Mogul Club backed for Series A following Alex Blackwood’s May summit update

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Draper backs Mogul Club Series A

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20 hours ago

Tim Draper: Mogul Club backed for Series A following Alex Blackwood’s May summit update — Draper backs Mogul Club Series A

Tim Draper, founding partner of Draper Associates, said his firm led the Series A funding round for Mogul Club following an update from Alex Blackwood at a summit in May.

Draper described Mogul Club founders Alex Blackwood and Joey Gumataotao as having a bold vision for real estate investing, referring to their execution as that of a "true rhino" in the industry.

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Draper has a history of supporting startups that take unconventional approaches to finance. He previously backed the Zest Protocol team for their use of Bitcoin-native collateral on mainnet. In another instance, Draper highlighted that big risks can enable outsized returns in venture capital investing.

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