Predict your next investment

Angel Investor (Individual)

See what CB Insights has to offer

Investments

5

Portfolio Exits

1

About Tim Disney

Tim Disney is a producer and director.

Tim Disney Headquarter Location

California,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Tim Disney News

Millionaires like Abigail Disney are calling on Congress to tax them more: 'If I'm being singled out for additional taxes, it's precisely and only because I have the capacity to pay them.'

Jul 13, 2022

After many false starts and twists and turns , Congress is once again hashing out a spending package to try and pass through reconciliation, where only a simple majority is needed to pass a spending bill. Some of the richest Americans hope it includes a tax hike for them. In a letter organized by advocacy groups Patriotic Millionaires and Americans for Tax Fairness, over 300 high- net-worth individuals are calling upon Congress to keep a surtax on millionaires' income in their new spending bill. "Many of us signing this letter would have to pay the millionaires surcharge if enacted. Paying more taxes would not affect our lifestyles, and we have the ability to pay more than we currently do," the 304 rich Americans, including Abigail and Tim Disney, wrote. "The additional revenue raised by a surcharge on wealthy households like ours would be a major boon to working families, the broader economy and our democracy," they added. In last fall's Build Back Better framework , the White House and Arizona Senator Kyrsten Sinema — one of two Democrats who withheld the necessary approval on the bill — agreed on placing a 5% surtax on individual Americans with incomes above $10 million, and a 3% additional surtax on those who make $25 million or more. The tax would target just 0.02% of taxpayers, according to the White House , and would raise about $228 billion over ten years . But Insider's Joseph Zeballos-Roig reported that, according to a Senate Democratic aide, the surtax has been removed from consideration this time around. "I value our government and the ways it helps us all. I value public transportation and paved roads and sewers and stop lights and clean water and safe food. I appreciate public parks and open spaces. I'm grateful for public school and colleges,"Abigail Disney, a filmmaker, activist, and multimillionaire heir to the Disney fortune, said at a press conference. "I believe that as someone who has benefited from all of that — more, really, than most people — I should contribute more to its upkeep and preservation for the benefit of my fellow citizens." What will actually end up in the package is unclear, with all eyes on key centrists Sens. Joe Manchin and Sinema, who have both flexed their power in Democrats' slim majority by squashing different spending priorities. Sinema has ardently pushed back on tax hikes, helping wipe out tax increases for individual and big companies . Democrats previously had to scrounge around to come up with new tax hikes to offset spending that would get Sinema's stamp of approval . Even Manchin, who's personally helped sink a few iterations of bills, is on board with tax hikes — and has urged her to take another look at it. "To be clear, I do not feel targeted or victimized by such a tax," Disney said. "I do not think anyone is coming to get me. If I'm being singled out for additional taxes, it's precisely and only because I have the capacity to pay them." Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications

Tim Disney Investments

5 Investments

Tim Disney has made 5 investments. Their latest investment was in Skyhawk Therapeutics as part of their Series A on June 6, 2018.

CBI Logo

Tim Disney Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/26/2018

Series A

Skyhawk Therapeutics

$40M

No

6

1/23/2018

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

8/11/2016

Angel

Subscribe to see more

Subscribe to see more

10

6/25/2013

Series A

Subscribe to see more

$99M

Subscribe to see more

10

9/12/2012

Unattributed VC - II

Subscribe to see more

$99M

Subscribe to see more

0

Date

6/26/2018

1/23/2018

8/11/2016

6/25/2013

9/12/2012

Round

Series A

Seed VC

Angel

Series A

Unattributed VC - II

Company

Skyhawk Therapeutics

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$40M

$99M

$99M

$99M

New?

No

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

6

10

10

10

0

Tim Disney Portfolio Exits

1 Portfolio Exit

Tim Disney has 1 portfolio exit. Their latest portfolio exit was Blu Homes on June 11, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/11/2020

Acquired

$99M

1

Date

6/11/2020

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.