Chad and Ian are joined by Bill Draper and Pitch Johnson, both of whom were instrumental in starting venture capital in the early 1960’s, shaping the industry even to this day. Bill and Pitch first met at Inland Steel in the late 1950s, instantly becoming friends and forming a lifelong personal and professional relationship. Both Bill and Pitch decided to leave the steel mill to form Draper and Johnson Investment Group which would later became Sutter Hill Ventures. Pitch went on to start Asset Management Group in 1965 and it is still in operation today. Both Bill and Pitch have incredible track records for success in investing in the right entrepreneurs at the right time and advising them along the way.
On this episode of Mission Daily, Bill and Pitch share their background, what it was like breaking into venture capital, and how the industry has changed over the years.
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