Showing posts with label Tim Draper. Show all posts
Showing posts with label Tim Draper. Show all posts

Tuesday, January 26, 2016

Warriors stomp Spurs in clash of NBA heavyweights


OAKLAND, Calif. — The Golden State Warriors recorded a knockout in Round 1 of their battle with the San Antonio Spurs for Western Conference regular-season superiority Monday night, riding Stephen Curry’s 37 points to a 120-90 victory in the highly anticipated showdown.

The reigning NBA Most Valuable Player bombed in five 3-pointers as the Warriors (41-4) shot 11-for-26 from beyond the arc in the first meeting of the top two teams in the West this season.

Golden State’s 39th consecutive home victory — their 21st this season — gave it a three-game lead over San Antonio (38-7) in their duel for top seeding in the Western playoffs.

The loss snapped a 13-game winning streak for the Spurs, who had an 18.0-point average margin of victory during that run. They played without star power forward Tim Duncan, who was resting an ailing right knee.

Curry, who hit 12 of his 20 shots overall, also had four assists and five steals in 29 minutes for the Warriors, whose last home loss (Nov. 11, 2014) came at the hands of the Spurs.

In fact, San Antonio had prevailed in 23 of its previous 26 visits to Oakland before falling behind by seven in the fifth minute of the game and by as many as 19 in the second period.

Curry set the tone early, connecting on three 3-pointers in a 15-point first period during which the Spurs fell behind despite playing their most competitive ball of the night.

But when backup guard Shaun Livingston got into the act with five consecutive hoops in the second period, including dunks off assists from Curry, power forward Draymond Green and fellow reserve Andre Iguodala, the game got away from the Spurs for good.

Curry crushed the Spurs with three more 3-pointers in the third period, during which the Warriors ran up a 95-66 lead to set the stage for an inconsequential final 12 minutes.

Curry added 18 points to his total in the quarter while nearly outscoring San Antonio (19) single-handedly.

Livingston totaled 13 points for the Warriors, who won their fourth straight game. Fellow backups Brandon Rush and Marreese Speights also finished with 13 points.

Green had 11 points, nine rebounds and six assists in 27 minutes, and shooting guard Klay Thompson was a sixth Warrior in double figures with 11 points.

The Warriors shot 51.8 percent from the field, compared to San Antonio’s 41.9 percent.

Small forward Kawhi Leonard hit seven consecutive free throws in a 16-point outing for the Spurs, whose six previous losses had come by a total of just 33 points.

Power forward David West, starting in place of Duncan, made six of his eight shots on a 12-point night for San Antonio, which won the season series 2-1 over the champion Warriors last year.

Backup center Boban Marjanovic dropped in 12 points in 13 minutes.

The Spurs’ starting backcourt of Tony Parker (five points) and Danny Green (three) was outscored 45-8 by Warriors counterparts Curry and Thompson.

NOTES: Asked to describe his anxiety level before the game, Spurs coach Gregg Popovich admitted, “I’ve got butterflies in my gut. I don’t feel like that every night.” … The matchup of 40-4 and 38-6 clubs had the highest combined winning percentage (.886) in NBA history for a showdown at least 40 games into the season. The previous mark of .871 had been set on Jan. 9, 1972, when the Milwaukee Bucks (35-8) ended the 33-game winning streak of the Los Angeles Lakers (39-3). … The game pitted the league’s top offense (Golden State, 114.7 points per game) against the league’s top defense (San Antonio, 89.8). … Warriors coach Steve Kerr was teammates with Spurs PF Tim Duncan (four years), PG Tony Parker (one year) and SG Manu Ginobili (one year) during his four seasons playing for Popovich in San Antonio. … When asked how the Spurs have improved defensively this season, Kerr observed, “The biggest change is Tony Parker. He just looks healthier and more active defensively.”

source: interaksyon.com

Thursday, July 3, 2014

Venture capitalist Draper wins bitcoin auction – Vaurum


NEW YORK — – Venture capitalist Tim Draper won the U.S. Marshals bitcoin auction earlier this week that captured about $18 million for 30,000 bitcoin, according to a statement emailed to Reuters on Wednesday.

“With the help of Vaurum and this newly purchased bitcoin, we expect to be able to create new services that can provide liquidity and confidence to markets that have been hamstrung by weak currencies,” Draper said in the statement by Vaurum, a bitcoin trading platform.

Palo Alto-based Vaurum facilitates over-the-counter bitcoin trading for financial institutions and high-net-worth traders, of which Draper is a major backer.

“Of course, no one is totally secure in holding their own country’s currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies,” the statement said.

Vaurum Chief Executive Officer Avish Bhama said Draper would partner with Vaurum to leverage the pool of about 30,000 bitcoin as a liquidity source in emerging markets.

“It’s still quite difficult to get access to bitcoin in these developing economies — and that’s exactly where it is needed the most,” said Bhama. “Our goal is to build reliable infrastructure and increase liquidity, which are two major challenges in the ecosystem.”

Bhama did not disclose Draper’s bidding price for the crypto-currency.

On Tuesday, the U.S. Marshals Service said there was only one winner of the auction. It auctioned off bitcoin seized from the Silk Road drug ring. There were more than 40 bidders in the auction, with a number of well-known players in bitcoin saying they were unsuccessful.

Draper is an active investor who has invested in more than 1000 private companies. He founded Draper Associates in July 1985. The firm’s investments include Skype, Hotmail, Tesla, Baidu, Theranos, Athenahealth, Solar City, Box, and Parametric Technology.

source: interaksyon.com