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David Drake (investor)

From EverybodyWiki Bios & Wiki

David Drake is an American businessperson and investor.

Early life[edit]

David Drake was born in Sweden, and graduated from the American University with a degree in Chemistry and Marketing.[1] He later moved to the United States, and received both an MBA in Finance and an MA in International Law and Economics from George Washington University.[2]

Business[edit]

Drake is the founder of LDJ Capital, which advises institutions with $1.5 trillion in assets under management,[2] and which has $200 million in cryptocurrency under the management of its own fund.[3] He is also the founder of LDJ Real Estate Group, Drake Hospitality Group, and The Soho Loft Media Group.[1]

In 2011 he collaborated on the creation of the JOBS Act legislation in the US Congress, specifically advised in ICOs; and has since continued to work in ICOs.[2][4] Drake has provided public commentary on the forecasted value of cryptocurrencies like Bitcoin and other industry news,[5][6][7][8][9] such as the risk of cryptocurrencies being used for tax-evasion like offshore accounts,[10][11] and discussions over the safety of cryptocurrency as an investment.[12]

References[edit]

  1. 1.0 1.1 "How David Drake Shaped The Crowdfunding Industry". Influencive. 8 February 2018.
  2. 2.0 2.1 2.2 "Are Twitter, Google Justified In Banning Ethereum, Ripple, Bitcoin Ads?". Value Walk. 10 April 2018.
  3. Bitcoinist. "Big Investors Pushing Down Bitcoin Price, But $30K by Year's End - Crypto Fund Manager [Interview] - Bitcoinist.com". bitcoinist.com.
  4. "Op Ed: Cryptocurrencies, ICOs and the Untapped "Family Office" Group". NASDAQ. 14 August 2017.
  5. Bitcoinist. "LDJ Capital's David Drake: 'Bitcoin Will be Worth $30K at the Year End' - Bitcoinist.com". bitcoinist.com.
  6. "Despite Recent Woes, Bitcoin Could Hit $30,000 This Year". hacked.com.
  7. "This expert thinks Bitcoin could be valued at $30,000 by the end of 2018". Newsweek. 25 March 2018.
  8. "Bitcoin Slips Further on More Bad News, But 1 Expert Says Investors Are Reading It All Wrong". Inc. 27 March 2018.
  9. Akhtar, Tanzeel (23 October 2017). "Saudi billionaire Prince Alwaleed thinks Bitcoin sucks: Does he have an agenda?". The Street.
  10. "Could bitcoin become the next Swiss bank account?". Fox Business. 7 March 2018.
  11. "David Drake: Crypto Market to Hit a Trillion Dollars in 2018". Epoch Times. 29 December 2017.
  12. Katzeff, Paul. "How to decide if bitcoin is safe for you to trade". Chicago Tribune.


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