Draper is a Silicon Valley venture capitalist. He's considered to be one of the most connected investors in Silicon Valley and is credited as the inventor of viral marketing, according to Badziag. Draper founded VC firms Draper Fisher Jurvetson and Draper Associates.Billionaires aren't cheap. They are, however, mindful about not being careless with their money.
This means not living above their means or buying luxurious items just to have them. Looking for the best deals isn't a waste of time when it enables them to spend the time and money savings in better ways. They're also aware of how they spend their time. They don't overcommit; as Buffett himself said, they're infamous for saying "no." Attending an acquaintance's birthday party on Saturday may sound like a blast. But if you've already made plans to work toward a goal, politely declining the invite will ensure you don't spread yourself too thin.
