The audience for his ABC Family show "Startup U" did grow this Tuesday from 47,000 viewers to a 63,000, according to the network.
That number may inch a bit higher as the network continues to tally viewers who may have streamed the show on digital platforms in the days after the show aired.
But Draper, a billionaire venture capitalist, was never in danger of having to make good on his $1 million offer.
"Tell all your friends to watch StartupU Tuesday at 10:00 on ABC Family," Draper said on Facebook Saturday. "I will give away $1 million to charities if we get 1 million viewers this week."
The series, which has now aired four episodes, centers around a group of young entrepreneurs enrolled at "Draper University," a program founded by the investor that bills itself as a "startup bootcamp."
During the show, student entrepreneurs pitch their business ideas to a panel of potential investors in the hopes of getting financed.
Draper did not return CNNMoney's request for comment.
Related: 'Startup U' star will give $1 million to charity if show draws 1 million viewers
CNNMoney (New York) September 4, 2015: 4:03 PM ET
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