Formerly known as Draper Firsher Jurvetson, the firm was founded by Tim Draper, John Fisher and Steve Jurvetson in 1985. Tim Draper and John Fisher stepped down as partners in 2013. Tim Draper now runs his own venture capital firm at Draper Associates. Jurvetson also left the firm in 2017.
DFJ began with a focus on early-stage companies. Now the firm has two teams investing two funds. The Venture team works with founders in the early phases of company building. The Growth team partners with companies entering hyper-growth mode. DFJ has backed 26 companies that have each achieved more than $1 billion in value through an IPO or acquisition.