Venture capitalist Tim Draper outlined three traits he says define billion-dollar founders, drawing on lessons from thousands of startup pitches he has reviewed.

In a late Thursday night post on X, Draper, founder of Draper Associates and an early backer of Tesla Inc.

(NASDAQ:TSLA), shared the insights with his followers.

Draper is also known for hosting "Meet the Drapers," a global startup pitch and reality TV show where entrepreneurs present their companies to Draper and his family.

After thousands of pitches, here's what matters:1. 𝐋𝐨𝐯𝐞 𝐲𝐨𝐮𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫.