Silicon Valley's well-known venture capitalist pioneer Tim Draper has launched a new cryptocurrency risk workshop called Draper Goren Blockchain.

According to BlockBeats news on September 22nd, Tim Draper, a well-known Silicon Valley venture capitalist and founder of DFJ Investment Fund, launched Draper Goren Blockchain (DGB), a risk studio focusing on cryptocurrency, aimed at accelerating the development of decentralized finance (DeFi) innovation, network expansion solutions, and consumer applications such as games and social experiences, in response to the ongoing bear market. The founding partners of the risk studio, Alon Goren and David Bleznak, previously invested in Draper's Web3 investment platform, Draper Round Table, and are board members of the social analysis platform LunarCrush and the digital security institutional-level network Ownera. Alon Goren stated that they do not intend to operate DGB like Y Combinator or Techstars and plan to have long-term cooperation with each company. Alon Goren said, "We plan to work with every company in the next 10 years, investing $25,000 to $100,000 in seed-stage startups, focusing on working with selected entrepreneurs to start companies from scratch."