William H. Draper III is the Managing Director of Draper Richards, LP, and Co-Founder, Director, and Trustee of the Draper Richards Foundation. William Draper received his B.A. from Yale University, and his M.B.A from the Harvard Graduate School of Business. With over thirty years of experience, Mr. Draper is one of America's first venture capitalists. Mr. Draper is currently Managing Director of Draper Richards, a private venture capital company, and Draper International, a limited partnership that makes equity investments in private companies with operations in India. During his twenty years as the founder and senior partner of Sutter Hill Ventures, a leading venture capital firm in the United States, Mr. Draper helped to organize and finance several hundred high technology manufacturing companies. He served from 1981 to 1986 as President and Chairman of the Export-Import Bank of the United States. In 1986, he became the head of the world's largest source of multilateral development grant assistance, the United Nations Development Program. Mr. Draper currently serves on the boards of the Atlantic Council, Hoover Institution, and the United Nations Association-USA. He formerly served as the Chairman of the World Affairs Council of Northern California, Chairman of the Institute of International Education, as a Trustee of Yale University and as Chairman of the Board of the American Conservatory Theatre in San Francisco. He is a member of the Council on Foreign Relations and the President's Council on International Activities at Yale University. Mr. Draper has also served as a director of several software and computer companies.