DFJ was founded in 1985 by Tim Draper. John Fisher became a partner in 1991 and
Steve Jurvetson joined in 1994. In 2013, Draper announced his departure from DFJ. Draper announced he will continue investing out of an early stage venture fund Draper Associates V and assisting his son in running an incubator. The DFJ Network was renamed the Draper Venture Network in 2015 and was operated by Draper. In November 2017, Jurvetson stepped down from his position at DFJ after allegations of
sexual harassment. In January 2019, DFJ Venture, the early-stage team, spun out and formed
Threshold Ventures. DFJ Growth’s fourth fund of nearly $1 billion closed in 2021. In May 2025, DFJ Growth raised $1.2 billion for its fifth fund. DFJ Growth's investments have included
Anaplan,
Coinbase,
Cylance,
Ring,
Sisense,
SpaceX,
Tesla,
Twitter, and
Yammer. == References ==