Founders are extraordinarily busy, even for their own investors. A decade ago, they might have had relationships with a handful of VC partners as they scaled their businesses and raised additional rounds of capital.

It started as First Round Capital’s experiment. After all, founder Josh Kopelman had started his first company, Infonautics, while he was a student at the University of Pennsylvania. Partner Hayley Barna had started Birchbox while still at Harvard Business School.

Sequoia Capital has funneled millions of dollars to scores of well-connected entrepreneurs and academics, who invest and look for ideas.

Dorm Room Fund, a venture capital operation that launched to invest in student-led startups, has raised a new $10.4 million fund, per SEC filings. The filing marks Dorm Room Fund’s largest fund to date, and its first that appears to include investors beyond First Round Capital, the firm that first launched the student-focused operation in 2012.

Venture Capital firms, like Sequoia Capital, have been using a secretive network of so-called “scouts” to funnel money to promising start ups while avoiding the publicity that an investment from a big-name VC firm can bring, according to a report Friday in the Wall Street Journal.

A feature on Monk’s Hill Ventures’ new Scouts Program in Southeast Asia.

If you are an African graduate, professional and entrepreneur trying to get into venture capital, here are five African VC fellowships you should consider joining.